Considerations about the good corporative governance in media companies
DOI:
https://doi.org/10.31921/doxacom.n4a3Keywords:
Corporate governance, stakeholders, public governance, shareholders, news governanceAbstract
The interest in corporate governance of media companies is not a new subject, but it has acquired special relevance during the last decades, as a result of the transformations in the schemes of property and management of the companies. This article will try to explain why the nature of news contents can impose special conditions to the corporate governance structure of these companies. We will try to justify first of all how in the case of news companies it seems more suitable to adopt an approach of corporate governance based on the stakeholders and on the principles of public governance, rather than other more conventional approaches, which are exclusively oriented towards the shareholders. We will comment some of the proposals suggested in the last few years to improve the corporate governance of news companies and, more precisely, some referred to the configuration and functioning of their Boards of Directors, all of them aimed to improve what we will define as news governance. Finally, the analysis will conclude with a proposal of key aspects of corporate governance that should be kept especially in mind in the case of companies devoted to the production and diffusion of news.
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