Corporate news is any information related to a company that is published in a journalistic context, whether in print, on television or radio, or online. This type of news can include updates on new products, changes in leadership, or mergers and acquisitions. Typically, business news articles also provide insights into market trends and economic shifts.
One of the primary concerns about corporate news is that when a media outlet comes under ownership by a corporation, there is the possibility that truth may take a back seat to profits (Pettigrew & Reber, 2010). Operating costs for newspapers, television stations, and radio outlets are often quite high, especially if they focus on local coverage in cities with a large population. This makes these outlets a tempting target for corporate ownership. Once a media outlet is owned by a corporation, the concern is that this may lead to a loss of objectivity and a change in editorial focus (Murray, 2005).
Regular business news articles can help businesses stay transparent about their actions, which can result in greater accountability. This can have a positive impact on brand trust and reputation. In addition, business news articles can educate the general public on important issues, thereby contributing to a more informed society.