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Digital Media and Risk Culture in China’s Financial Markets (Record no. 4456)

MARC details
000 -LEADER
fixed length control field 02167 a2200457 4500
001 - CONTROL NUMBER
control field 1351715984
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250317111605.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250312042019GB eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781351715980
037 ## - SOURCE OF ACQUISITION
Source of stock number/acquisition Taylor & Francis
Terms of availability GBP 41.99
Form of issue BB
040 ## - CATALOGING SOURCE
Original cataloging agency 01
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
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Subject category code JBCT
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Subject category code KJC
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Subject category code 1FPC
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Subject category code JFD
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Subject category code GTC
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Subject category code GTB
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Subject category code KC
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Subject category code KFFM
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Subject category code 1FPC
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Subject category code LAN004000
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Subject category code BUS027000
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Subject category code BUS027020
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Subject category code COM087000
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Subject category code SOC052000
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072 7# - SUBJECT CATEGORY CODE
Subject category code 332.04150951
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100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Zhifei Mao
245 10 - TITLE STATEMENT
Title Digital Media and Risk Culture in China’s Financial Markets
250 ## - EDITION STATEMENT
Edition statement 1
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Oxford
Name of publisher, distributor, etc. Routledge
Date of publication, distribution, etc. 20190115
300 ## - PHYSICAL DESCRIPTION
Extent 152 p
520 ## - SUMMARY, ETC.
Expansion of summary note 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.

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