Digital media and risk culture in China's financial markets

This book analyzes the risk cultures in China that have emerged from the entanglement of new communication technologies and financial markets, examining the role that digital media play in Asian modernity and offering an alternative narrative to that of the West. The book illustrates the impact of e...

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1. Verfasser: Mao, Zhifeng 1951- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York, NY Routledge 2018
Schriftenreihe:Routledge research in digital media and culture in Asia
Routledge research in digital media and culture in Asia 2
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spelling Mao, Zhifeng 1951- Verfasser aut
Digital media and risk culture in China's financial markets Zhifei Mao
New York, NY Routledge 2018
1 online resource
txt rdacontent
c rdamedia
cr rdacarrier
Routledge research in digital media and culture in Asia
Routledge research in digital media and culture in Asia 2
This book analyzes the risk cultures in China that have emerged from the entanglement of new communication technologies and financial markets, examining the role that digital media play in Asian modernity and offering an alternative narrative to that of the West. The book illustrates the impact of exclusively Chinese digital media on power dynamics within risk definition, arguing that information and communication technologies (ICTs) empower individuals, enabling them to compete with an expert-oriented risk culture controlled by Government- and banker-led media outlets. With struggles, competitions, compromises, and confrontations, major communicators in financial world are collectively producing risk cultures based on interpersonal relations instead of contractual obligations, in which insider information is valued over professional analysis. Meanwhile, investors are trapped in a risk culture paradox that they themselves have produced, as they attempt to take advantage of other actors' uncertainties and eventually produce risks for the entire market
Capital market / China
Electronic trading of securities / China
Financial risk / China
Finance / Information technology / China
Digital media / China
https://www.taylorfrancis.com/books/9781315179315 Verlag URL des Erstveroeffentlichers Volltext
spellingShingle Mao, Zhifeng 1951-
Digital media and risk culture in China's financial markets
Capital market / China
Electronic trading of securities / China
Financial risk / China
Finance / Information technology / China
Digital media / China
title Digital media and risk culture in China's financial markets
title_auth Digital media and risk culture in China's financial markets
title_exact_search Digital media and risk culture in China's financial markets
title_exact_search_txtP Digital media and risk culture in China's financial markets
title_full Digital media and risk culture in China's financial markets Zhifei Mao
title_fullStr Digital media and risk culture in China's financial markets Zhifei Mao
title_full_unstemmed Digital media and risk culture in China's financial markets Zhifei Mao
title_short Digital media and risk culture in China's financial markets
title_sort digital media and risk culture in china s financial markets
topic Capital market / China
Electronic trading of securities / China
Financial risk / China
Finance / Information technology / China
Digital media / China
topic_facet Capital market / China
Electronic trading of securities / China
Financial risk / China
Finance / Information technology / China
Digital media / China
url https://www.taylorfrancis.com/books/9781315179315
work_keys_str_mv AT maozhifeng digitalmediaandriskcultureinchinasfinancialmarkets