Unrequired Reading {21.1.09 to 22.1.09}

January 22, 2009

These are some of the things that have caught my atten­tion lately. It’s a more eclectic mix than just the news busi­ness, but then so’s life:

  • David Leigh: Invest­ig­a­tions becom­ing ‘impossible lux­ury’ | Press Gaz­ette — From the City Uni­ver­sity pro­fessor: “Leigh drew on the exper­i­ence of his five-year invest­ig­a­tion with Rob Evans at the Guard­ian into cor­rup­tion at arms man­u­fac­turer BAE Systems.

    For the invest­ig­a­tion, for which the pair won the Paul Foot award in 2007, Leigh worked closely with Swedish and Romanian journ­al­ists, both from coun­tries involved in the case.

    Ever since I decided to go down a route of coöper­a­tion rather than rivalry, I’ve got much bet­ter res­ults,” he said.

  • Should inter­na­tional broad­casters focus on human rights, or the news? | Kim Andrew Elli­ott — Should news organ­iz­a­tions advoc­ate for causes, even com­mend­able causes such as human rights? Inter­na­tional broad­casters serve human rights by report­ing how cur­rent events affect human rights, and how people and organ­iz­a­tions rise up to pro­tect human rights. They can best do this if their report­ing is per­ceived as cred­ible. That can be achieved if their report­ing on human rights is neither more nor less than what would be gen­er­ated by a legit­im­ate, respec­ted news organ­iz­a­tion with no agenda other than to report the news. There are other organ­iz­a­tions, such as Amnesty Inter­na­tional, that can do the advocating.
  • Cre­at­ing Power­Point Based on Research | Comm CommSEO implic­a­tions? “[S]tudents were bet­ter able to recall the main asser­tion of slides when presen­ted with a full-sentence head­line writ­ten as an asser­tion com­pared to a word or phrase headline.”
  • Brit­ish media to face bank­ing crisis inquiry | Yahoo! News — New messenger-shooting policy could stave off next fin­an­cial crisis: “An influ­en­tial group of Brit­ish law­makers said Wed­nes­day that they would hold an inquiry into the role of the media in the bank­ing crisis and whether journ­al­ists should be partly gagged in peri­ods of mar­ket volatility.”
  • Social media and the Gaza con­flict | Arab Media & Soci­ety — While bel­li­ger­ents sought to tele­graph their strength, groups sup­port­ing both Israel and the Palestini­ans also used social media to do just the oppos­ite, invit­ing sup­port­ers to advert­ise their side’s plight on the social net­work­ing site Face­book.  Users were asked to “donate their status,” that would auto­mat­ic­ally dis­play an up-to-the-minute tally of the rock­ets hit­ting south­ern Israel or a run­ning count of the Palestinian dead and wounded.  When log­ging in to Face­book, friends and acquaint­ances of a ‘status donor’ would see a grip­ping reminder of the con­flict, such as “9:25pm: 3 addi­tional Hamas rock­ets hit Israel.  Total today: 33.  Total since the year 2000: 8706,” in place of a mundane update like, “Jim is at the movies.”  The Jer­u­s­alem Post repor­ted that 10,000 users signed up to dis­play the “Qas­sam Count” in the conflict’s first three days.
  • Rethink­ing Dis­clos­ure in the Inform­a­tion Age: Can There Be Too Much of a Good Thing? (L. Unger) | SEC — The trans­form­ing power of inform­a­tion from 2000: “[A]rmed with all kinds of inform­a­tion not pre­vi­ously read­ily avail­able to them, will indi­vidual investors become more involved in cor­por­ate gov­ernance? We can only guess at the answers to these ques­tions. While the Inter­net may be spawn­ing a breed of die-hard “do-it-yourself” investors, the cur­rent trend for firms to offer more value-added and advice-related products shows that many will con­tinue to seek these ser­vices from secur­it­ies pro­fes­sion­als. It also seems likely that the aver­age investor will use the Inter­net to become bet­ter informed and more sophisticated.

    Most likely, an informed investor will become a more involved investor. I don’t know how cor­por­ate Amer­ica feels about this poten­tial for increased investor involve­ment in cor­por­ate gov­ernance — cyber-style — but I’m hope­ful that it will bene­fit investors and com­pan­ies alike.”

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