Disadvantages Of Press Freedom

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Press freedom takes influential place in a country. It represents citizen's freedom of speech and the right to know. Media can expose news without obstructor or any controls by government and organizations. There should not be control over the press and press freedom is necessary for regulation the growth of corruption, development of economy and maintenance of democracy.
One of the advantages of press freedom is it can help to control on the level of corruption. A country which has higher press freedom tends to lower corruption in government or some private's agents (Brunetti & Weder, 2003). Sometimes countries might think free press threatens the stability of politics and it might be easy to control by different organizations; however, again …show more content…

The price of the stock will easily affected by press. Positive news usually lead to increase the price of stock and negative news may cause deduction to the stock price. Fang, Peress and Zheng (2014) give an interesting point that investors are affected by the broadcast. They may influence by the media easily and change their investigating plan. Individual investors are shown that they rely to message and follow the advice from the media. Even experienced investor cannot resist the bias. It is an interesting point that bias resulted by press will cause investors focus on companies with positive news and fund those companies. Furthermore, the companies which was reported to have a negative image may lose the concentration for investors (Hooghiemstra, 2000). It will cause a reduction to the price of companies. Therefore, press without control may cause confusion but it provide an unsuspecting stocking …show more content…

Jean-Jacques Rousseau who is a famous Francopphone Genvan philosopher explained that opinions form the society is a law which is beyond the law. That is to say, he thought that public opinion is the most important one among the laws (Rousseau, 1762). As a matter of fact, media can gather opinion of citizens, which means if media is not allowed, then public opinion will not be gathered. Therefore, government cannot listen to the people and know their demands. The situation become worse that government will pay less attention to citizens and even ignore them. Additionally, if media is restricted by the government, officials will choose to filter out those information from public opinion which are harmful to the regime of party. A government which lose the public reaction will never be a representative of all citizens and finally it will be a dictatorship society rather than a democracy

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