The Mediating Role of the News in the BP Oil Spill Crisis 2010: How U.S. News Is Influenced by Public Relations and in Turn Influences Public Awareness, Foreign News, and the Share Price

Jan Kleinnijenhuis, Friederike Schultz, Sonja Utz, Dirk Oegema

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    The paper explains antecedents and consequences of news during the BP oil spill crisis by analyzing newspaper and internet coverage as well as financial indicators. The study establishes the roles of routines in financial journalism and of BP’s public relations efforts in building the U.S. media agenda. The U.S. media agenda in turn bears a classic agenda-setting effect on public awareness, an intermedia agenda-setting effect on foreign media, and a stakeholder agenda-setting effect on financial markets. A second-level attribute agenda-setting post-hoc study reveals that these first-order agenda setting effects depend on the resonance of specific problems and solutions with specific interests and a specific frame of mind. Financial stakeholders, for example, reacted negatively to news about judicial accountability, but positively to press releases about BP’s skills in implementing solutions. The findings contradict research which states that the news in classic media merely mirrors share prices.
    Original languageEnglish
    JournalCommunication Research
    Volume42
    Issue number3
    Pages (from-to)408-428
    Number of pages21
    ISSN0093-6502
    DOIs
    Publication statusPublished - Apr 2015

    Cite this

    @article{3833319f6d4344d6a3da63d700869e62,
    title = "The Mediating Role of the News in the BP Oil Spill Crisis 2010: How U.S. News Is Influenced by Public Relations and in Turn Influences Public Awareness, Foreign News, and the Share Price",
    abstract = "The paper explains antecedents and consequences of news during the BP oil spill crisis by analyzing newspaper and internet coverage as well as financial indicators. The study establishes the roles of routines in financial journalism and of BP’s public relations efforts in building the U.S. media agenda. The U.S. media agenda in turn bears a classic agenda-setting effect on public awareness, an intermedia agenda-setting effect on foreign media, and a stakeholder agenda-setting effect on financial markets. A second-level attribute agenda-setting post-hoc study reveals that these first-order agenda setting effects depend on the resonance of specific problems and solutions with specific interests and a specific frame of mind. Financial stakeholders, for example, reacted negatively to news about judicial accountability, but positively to press releases about BP’s skills in implementing solutions. The findings contradict research which states that the news in classic media merely mirrors share prices.",
    keywords = "Agenda-setting, Public relations, Financial journalism, Crisis communication, Content analysis",
    author = "Jan Kleinnijenhuis and Friederike Schultz and Sonja Utz and Dirk Oegema",
    year = "2015",
    month = "4",
    doi = "10.1177/0093650213510940",
    language = "English",
    volume = "42",
    pages = "408--428",
    journal = "Communication Research",
    issn = "0093-6502",
    publisher = "Sage Publications, Inc.",
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    The Mediating Role of the News in the BP Oil Spill Crisis 2010 : How U.S. News Is Influenced by Public Relations and in Turn Influences Public Awareness, Foreign News, and the Share Price . / Kleinnijenhuis, Jan; Schultz, Friederike; Utz, Sonja ; Oegema, Dirk .

    In: Communication Research, Vol. 42, No. 3, 04.2015, p. 408-428.

    Research output: Contribution to journalJournal articleResearchpeer-review

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    AU - Kleinnijenhuis, Jan

    AU - Schultz, Friederike

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    AB - The paper explains antecedents and consequences of news during the BP oil spill crisis by analyzing newspaper and internet coverage as well as financial indicators. The study establishes the roles of routines in financial journalism and of BP’s public relations efforts in building the U.S. media agenda. The U.S. media agenda in turn bears a classic agenda-setting effect on public awareness, an intermedia agenda-setting effect on foreign media, and a stakeholder agenda-setting effect on financial markets. A second-level attribute agenda-setting post-hoc study reveals that these first-order agenda setting effects depend on the resonance of specific problems and solutions with specific interests and a specific frame of mind. Financial stakeholders, for example, reacted negatively to news about judicial accountability, but positively to press releases about BP’s skills in implementing solutions. The findings contradict research which states that the news in classic media merely mirrors share prices.

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    KW - Public relations

    KW - Financial journalism

    KW - Crisis communication

    KW - Content analysis

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