The role of media pressure on the disclosure of sustainability information by local governments

140f 2 The aim of this study is to analyze the level of environmental, economic, and social engagement disclosed by local governments, taking into account factors such as political ideology and media pressure. We analyzed 102 large Spanish municipalities, using data from 2011. An econometric model is used based on dependency techniques for cross-sectional data. The Tobit technique is suitable, since it enables us to address particular considerations of extreme scores on the dependent variable. The results show that local governments report less strategic and socioeconomic information when subjected to strong media pressure, because the press tends to focus on striking, negative news, and ignores other issues such as the environment. However, in municipalities governed by left-wing parties, media pressure actually promotes disclosure of this type of information.