Infused with news value: Management, managerial knowledge and the institutionalization of business news

This article explores the development and institutionalization of business news, and its implications for management. Business news is often seen either as a sign of media commercialization or as a target for corporate communication strategies. In contrast to this, business news is explored in the present article as a particular type of knowledge that has emerged and become institutionalized in recent decades. The empirical analysis first describes the institutional development of business news in Denmark and then examines changes in business news texts from the 1960s to the present, not just as a particular type of business-oriented media content but ultimately as a form of managerial knowledge characterized by being simultaneously autonomous, negotiated and boundary-spanning.