Reporting the global financial crisis: a longitudinal tri-nation study of mainstream financial journalism

Article


Knowles, S., Phillips, G. and Lidberg, J. 2017. Reporting the global financial crisis: a longitudinal tri-nation study of mainstream financial journalism. Journalism Studies. 18 (3), pp. 322-340. https://doi.org/10.1080/1461670X.2015.1058182
TypeArticle
TitleReporting the global financial crisis: a longitudinal tri-nation study of mainstream financial journalism
AuthorsKnowles, S., Phillips, G. and Lidberg, J.
Abstract

During the Global Financial Crisis (GFC) of 2008, the financial press attracted criticism for its coverage: specifically that it did not provide any forewarnings to the general public; that it lacked sufficient scepticism when reporting on financial and economic trends; and that reporters were too close to the sources they used for information. This paper argues the GFC represents only the latest manifestation of dissatisfaction with the financial press, with similar concerns being raised in previous financial crises such as the recession of the late 1990s and the Dot Com boom in 2000. The paper presents the results of a longitudinal tri-nation quantitative and qualitative content analysis of the reportage in three mainstream newspapers in the United States, the United Kingdom, and Australia across three decades, along with industry insights provided by interviews with reporters in each of the countries studied. The interviews and empirical evidence indicate there has been a decline in mainstream financial journalism standards since the 1980s, as the media have faced increasing institutional, ideological, and industrial pressures.

LanguageEnglish
PublisherTaylor and Francis
JournalJournalism Studies
ISSN1461-670X
Electronic1469-9699
Publication dates
Online28 Jul 2015
Print04 Mar 2017
Publication process dates
Deposited17 Jun 2016
Accepted27 Apr 2015
Output statusPublished
Additional information

Published online: 28 Jul 2015

Digital Object Identifier (DOI)https://doi.org/10.1080/1461670X.2015.1058182
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https://repository.mdx.ac.uk/item/86760

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