Production and dissemination of corporate information in social media: A review

Lei, Lijun; Li, Yutao; Luo, Yan

doi:10.1016/j.acclit.2019.02.002

Cited by 40 publications

(41 citation statements)

References 66 publications

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“…Limitations and critical review Lei et al (2019) Identify key themes in recent research concerning the impact of social media on corporate information Reviewed the progress of internet-based corporate disclosure and affiliated regulations and focused on recent streams of research The study does not cover the effectiveness of different disclosure channels and how companies use them to their benefit The conclusions reached by the authors accurately reflect the outcome of the study. They summarize essential principles associated with the impact of social media on corporate disclosure Allam and Lymer (2003) Extend literature on how companies are using the internet to develop their reporting practices Data from 250 large companies were examined empirically.…”

Section: Methods and Resultsmentioning

confidence: 99%

“…Finally, in the same context, broadcasting several earnings-related messages via social media can help corporations to handle investors effectively. For instance, via Twitter, investors can find tweets about a corporation's earnings announcements and alert stakeholders to imminent earnings announcements and retweets (Prokofieva, 2014;Lei et al, 2019). Examining the responses to such tweets can help understand the inclusive disclosure strategy that corporations use to interact with their stakeholders through social media and how investors construe those communications (Prokofieva, 2014).…”

Section: Methods and Resultsmentioning

confidence: 99%

“…In 2004, 20% of corporations used the internet to disclose financial information; this percentage increased to 43% in 2008. By the year 2016, 73% were using this practice, almost three-quarters of which revealed full versions of their annual reports (Lei et al, 2019).…”

Section: Practices Around the Worldmentioning

confidence: 99%

See 2 more Smart Citations

Investor relations in the era of social media: systematic literature review of social media as a strategic corporate disclosure tool

Nuseir

Qasim

2021

JFRA

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Purpose This paper aims to systematically review how corporations are increasingly using social media to strategically disseminate information to investors, including different research tracks, then identify the gaps to propose future research opportunities. Design/methodology/approach The authors searched for relevant scholarly work on Scopus and Google Scholar databases published during the period 2000–2020 in English. Both quantitative and qualitative papers were reviewed. Articles were filtered based on their relevance to the study's goal, resulting in the selection of 84 articles. A total of 16 articles were selected for inclusion in the systematic review. Findings In light of the existing studies’ limitations, this paper derives and summarizes 16 leading future research tracks. Results indicated that corporations could use social media to reduce information asymmetry between managers and investors. Nevertheless, social media for information disclosure purposes is used in a strategic way, whereby only positive news and voluntary information are disseminated. Research limitations/implications The implications for investors are that they can make better decisions by engaging in the process of “the wisdom of crowd,” which is facilitated by reciprocal communication. The implications for corporations are that sharing earning information through social networking platforms presents them with an opportunity to effectively manage their investors by reducing negative perceptions and increasing market response. Originality/value As far as we know, this is the first paper that uses a systematic literature review over the social media research field.

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Section: Methods and Resultsmentioning

confidence: 99%

Section: Methods and Resultsmentioning

confidence: 99%

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Investor relations in the era of social media: systematic literature review of social media as a strategic corporate disclosure tool

Nuseir

Qasim

2021

JFRA

View full text Add to dashboard Cite

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“…The information disclosed by organizations has a powerful impact on stakeholders' judgment (e.g., social investors use this information to assess the value of the organization). Thus, the impact of the information provided has a direct influence on organizational credibility and reliability (Lei et al, 2019).…”

Section: Stakeholders' Engagementmentioning

confidence: 99%

“…Organizations should develop integrated information strategies, pay attention to their consistency, plan its content, choose the right time to disseminate it, and decide on the frequency that enhances and maximizes synergies. On the other hand, organizations should seek to be honest, proactive, and clear in the information they provide, to prevent negative opinions spreading throughout the network of organizational stakeholders (Elliott et al, 2018; Kaplan & Haenlein, 2010; Lei et al, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Strategic sustainability integration: Merging management tools to support business model decisions

2022

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Despite the competitive advantages of sustainable business models, developing management solutions to systematically support sustainability integration into organizational strategy is still a challenging approach for most organizations. Based on a critical analysis of existing tools to support sustainable business models, the present paper describes the development of a practical management tool to guide the strategic integration of sustainability in organizational business models. The proposed management tool results from the synergistic combination of the Sustainable Value Exchange Matrix and the Integrative Sustainable Intelligence Model, in a cyclic and continuous process supported by the periodic diagnosis of the key organizational factors with relevance for successful sustainability integration processes. The management tool described in this paper is expected to guide the strategic adaptation of organizations toward results with a positive impact on sustainability, with an effective contribution to the development of more sustainable business models.

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Internet financial reporting disclosure index of e‐commerce businesses on social media

Probowulan,

Ardianto

2024

Intell Sys Acc Fin Mgmt

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SummaryThe study measured the Internet Financial Reporting (IFR) disclosure index and compared the results across three continents of the global e‐commerce business. In addition, it documents various social media platforms used by e‐commerce. We use content analysis with a scoring matrix based on content, timeliness, technology, and support used in websites and a one‐way ANOVA. The findings identified an average IFR e‐commerce disclosure index of 0.735, which is of good quality as it approaches the value of 1. There is no difference in index IFR between the three continental zones overall, but slightly different from non‐e‐commerce companies. The results also prove that websites and blog media still dominate the use of social media, while other social media platforms have not provided financial information. Researchers in accounting have not conducted research topics on social media, so there are still limited references and narrow analytical content. This research will interest the e‐commerce business industry and compile their financial reporting through the website to improve the quality of their IFR and financial access. Since the e‐commerce business is an internet‐based company growing significantly, it can use other social media to reveal its reporting as decent work and economic growth. This subject is relatively innovative because none of the IFR disclosure index studies focuses on e‐commerce businesses on social media. It fills the research gap related to the characteristics of e‐commerce businesses, where almost all activities are internet‐based.

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Production and dissemination of corporate information in social media: A review

Cited by 40 publications

References 66 publications

Investor relations in the era of social media: systematic literature review of social media as a strategic corporate disclosure tool

Investor relations in the era of social media: systematic literature review of social media as a strategic corporate disclosure tool

Strategic sustainability integration: Merging management tools to support business model decisions

Internet financial reporting disclosure index of e‐commerce businesses on social media

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