Voluntary Disclosures via Social Media and the Role of Comments

2015 ◽  
Vol 29 (3) ◽  
pp. 101-121 ◽  
Author(s):  
Brad S. Trinkle ◽  
Robert E. Crossler ◽  
France Bélanger
Keyword(s):  
Social Media ◽  
Experimental Design ◽  
Communication Channels ◽  
Securities And Exchange Commission ◽  
Voluntary Disclosures ◽  
Nonprofessional Investors ◽  
Financial Disclosures ◽  
Media Channels ◽  
Reg Fd

ABSTRACT The Securities and Exchange Commission (SEC) has recently expanded the communication channels available for management when it determined that personal social media pages are recognized channels for financial disclosures, provided Reg FD and the 2008 Guidance are correctly applied. However, social media channels are more widely available to investors, both nonprofessional and sophisticated, and allow for interaction between users via postings and comments. The opinions of others, as expressed in their comments on social media, may influence investors' perception of the news in a manner that is beyond that of the traditional disclosures envisioned by the SEC. This research explores this issue by examining the influence of disclosures and attached comments via social media on nonprofessional investors' perceptions of the news, valuation judgments, and perceptions of management's credibility. Grounded in the herding and majority influence theories, the research hypotheses are tested using a between-subjects experimental design. Results indicate that the attached comments shared via social media influence the participants' perceptions and reactions to the news.

The Role of Social Media in Providing Crisis Information in China: A Critical Evaluation of the Tianjin Fire Incident

2017 ◽  
Vol 5 (6) ◽  
pp. 556-570
Author(s):  
Xiangfei Li ◽  
Kees Boersma
Keyword(s):  
Social Media ◽  
Information Quality ◽  
Critical Level ◽  
Critical Evaluation ◽  
Quality Level ◽  
Model And Simulation ◽  
Symmetric Information ◽  
The Social ◽  
Media Channels

AbstractThis paper focusses on the information asymmetry in crisis news after a serious incident in Tianjin, China, in 2015. The incident caused enormous damage and resulted in societal unrest because of the lack of reliable information from the formal media channels. Social media — micro blogs — played a major role in reporting on crisis situations. We divided netizens (i.e., the citizens of the net) into high and low types according to their information-critical level to the crisis news. The data shows information deterioration on the crisis news, related to the netizens’ information-critical level. For the traditional media there is the opportunity to use information quality distortion to make more marginal profits. This is possible only if the citizens’ information stays under a certain quality level. The result is overprovision of low quality news and high quality news driven out of the market, whereupon adverse selection (i.e., a lack of symmetric information) appears. However, by adopting a process view, we found self-correcting mechanism (i.e., dying out of rumors) of the social media communities in China. We provided a agent-base model and simulation to show that the more media exist in the market, the faster speed of the information deterioration, but also the capacity to ‘discuss’ rumors.

scholarly journals Financial Transparency in the Web 2.0 Era. An Analysis of the use of Websites and Social Media by Spanish Municipalities

2020 ◽  
Vol 23 (2) ◽  
pp. 263-276 ◽  
Author(s):  
Sonia Royo Montañés ◽  
Ana Yetano ◽  
Javier García-Lacalle
Keyword(s):  
Social Media ◽  
Open Data ◽  
Depth Study ◽  
Financial Disclosures ◽  
Financial Transparency ◽  
One Year ◽  
Definition Of ◽  
Website Content ◽  
Medios De Comunicacion

El objetivo de este trabajo es evaluar el papel de las páginas web y medios de comunicación social en el aumento de la transparencia de tipo financiero en las entidades locales. Esta investigación analiza 60 ayuntamientos clasificados en 4 niveles de población y combina análisis cuantitativos y cualitativos: un análisis del contenido de páginas web; una exploración del uso de medios de comunicación social; y un estudio en profundidad de los contenidos publicados en Facebook y Twitter durante un año. Los resultados muestran que los municipios españoles todavía tienen que realizar esfuerzos significativos para aumentar sus niveles de transparencia financiera. La información publicada se centra principalmente en cuestiones de tipo presupuestario. El uso de Facebook y Twitter por parte de los municipios está generalizado. Sin embargo, la utilización de estas plataformas para la revelación de información de tipo financiero está muy poco desarrollada. La mayor parte de los municipios de mayor tamaño han creado portales de datos abiertos, aunque la apertura de conjuntos de datos de tipo presupuestario o financiero es muy limitada. Los municipios tienen que realizar esfuerzos importantes para cumplir con las nuevas demandas y requerimientos de transparencia financiera. Deberían tomarse medidas para mejorar la transparencia, particularmente entre los municipios de pequeño y mediano tamaño. Asimismo, también se hace necesario definir qué se entiende por información clara, estructurada, comprensible y reutilizable para proporcionar un marco de revelación común para las entidades del sector público. The objective of this paper is to evaluate the role of websites and social media (SM) in increasing local government financial transparency. The research includes 60 Spanish municipalities classified into 4 population levels and combines quantitative and qualitative analyses: a website content examination; an exploration of the use of SM platforms; and an in-depth study of the content published in Facebook and Twitter over a one-year period. Results show that Spanish municipalities still have to make important efforts to increase their levels of financial transparency. Disclosures are mainly focused on budgetary information. The use of Facebook and Twitter by municipalities has become commonplace. However, their use for financial disclosures is underdeveloped. Most of the biggest cities have created open data portals although the disclosure of budgetary and financial datasets is limited. Municipalities have to make important efforts to comply with new demands and requirements for financial transparency. Measures should be taken to enhance transparency, particularly among medium and small municipalities. A definition of clear, structured, understandable and reusable information is needed in order to provide a common disclosure framework for public sector entities.

The effects of high-tech cameras on sports consumers' viewing experiences: the moderating role of sports involvement

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wonseok (Eric) Jang ◽  
Young Jun Kim ◽  
Kyungro Chang ◽  
Taehee Kim
Keyword(s):  
Social Media ◽  
High Tech ◽  
Message Processing ◽  
Content Type ◽  
Positive Effects ◽  
Sports Involvement ◽  
Capacity Model ◽  
Media Channels ◽  
Highly Involved

PurposeBased on the limited-capacity model of motivated mediated message processing (LC4MP), this study aims to examine the effects of different camera types on the viewing experiences of sports consumers and their intention to follow social media channels, depending on their level of sports involvement.Design/methodology/approachThe design for this experiment utilized 2 (highly involved vs less involved sports consumers) × 2 (high-tech vs non-high-tech cameras) between-subjects design. Overall, 289 US-based sports consumers participated in this experiment.FindingsThe results indicate that sports videos recorded by high-tech cameras lead to greater perceived novelty than those recorded by non-high-tech cameras, thus enhancing sports consumers' intention to follow social media channels, especially when consumers are highly involved with the target sports. However, sports consumers who are less involved with particular sports become distracted during their viewing experiences when high-tech cameras are used to broadcast games; these consumers' intentions to follow social media channels are not strengthened.Originality/valuePrevious studies have focused mainly on the positive effects of high-tech cameras on the viewing experiences of sports consumers. Based on the LC4MP, the authors extend the existing literature not only by examining the mechanism that underpins the positive effects of high-tech cameras, but also by identifying a situation where the use of high-tech cameras results in a negative viewing experience for sports consumers.

Role of Social Media in COVID-19 Pandemic

2020 ◽  
Vol 4 (2) ◽  
pp. 59-60 ◽  
Author(s):  
Wajahat Hussain
Keyword(s):  
Social Media ◽  
Global Health ◽  
Spread Rate ◽  
Safety Measures ◽  
Health Crisis ◽  
Deep Impact ◽  
Sense Of Security ◽  
Physical Threat ◽  
Media Channels

Coronavirus disease 2019 (COVID-19) pandemic has produced a global health crisis that has had a deep impact on the way we perceive our world and everyday lives. Not only the spread rate of contagion and patterns of transmission endangered our sense of security, but the safety measures put in place to contain the spread of the virus also require social distancing by refraining from doing what is inherently human, which is to find comfort in the company of others. Within this context of physical threat, social and physical distancing, the role of the different mass media channels and social media in lives on individual, social and societal levels cannot be underestimated. 

Communication channels to build a stronger PEEX network

2020 ◽  
Author(s):  
Stephany Buenrostro Mazon ◽  
Alla Borisova ◽  
Nuria Altimir ◽  
Alexander Mahura ◽  
Hanna K. Lappalainen
Keyword(s):  
Social Media ◽  
Information Exchange ◽  
Communication Channels ◽  
Field Work ◽  
Early Career ◽  
The Arctic ◽  
Northern Europe ◽  
Training Opportunity ◽  
The Usa ◽  
Media Channels

<p>In a transdisciplinary and pan-region programme like PEEX, building a strong communications platform with an efficient reach across countries is vital to foster collaborations, announce local findings or events to a wider audience, and build a sense of international community. In addition to its website, PEEX offers a quarterly e-newsletter and online Blog to its community.</p><p>The PEEX e-newsletter is sent to ~650 international subscribers, where the majority of readers come from Russia, China, Northern Europe and the USA. It is particularly important given that China and Russia have their own national social media channels like Weebo, WeChat and VK, which are popular alternatives to Twitter, Facebook or Instagram. Thus, having an online platform that integrates readers from Russia and China is vital for information exchange.</p><p>In addition to having an international readership, your article contribution to the PEEX Blog and e-newsletter facilitates your own efforts of dissemination. All articles have their unique web link, hosted in the PEEX blog, and hence can be embedded in your own research group’s website, news, social media accounts, etc.</p><p>The PEEX blog and newsletter welcomes articles from early career scientists. Great examples of these include field work stories that communicate the research aim but also the infrastructure or instrumentation available across the PEEX domain. Additionally, it provides a training opportunity for students to write popular scientific articles.</p><p>UArctic and FutureEarth are both partner programmes of PEEX. As the PEEX newsletter evolves, the aim is to integrate more overlapping relevant news and opportunities across these partners. Presently, UArctic shares the PEEX newsletter among its channels, as part of the thematic network the Arctic Boreal Hub.</p><p>Expanding the offer of channels for dissemination within the PEEX community and overall public will allow us to discuss science in a more collaborative, open and inclusive manner.</p>

scholarly journals Policy Makers and Their Communication Strategy

2020 ◽  
Vol 11 (3) ◽  
pp. 1
Author(s):  
Giulia Netti
Keyword(s):  
Social Media ◽  
Social Network ◽  
Communication Channels ◽  
Reliable Data ◽  
Communication Strategy ◽  
Policy Makers ◽  
Use Of Social Media ◽  
The Relationship ◽  
Institutional Websites

This paper wants to verify how politicians move within different communication channels, both in traditional networks (i.e., exploitative communications) and social network (i.e., explorational communications). The study of the role of these two forms of communication may ameliorate the current understanding of how politicians communicate with citizens; and also it aims at examining the relationship between traditional forms of communication used by politicians (here intended as the use of a personal website) and the use of social network (here measured in terms of the number of posts on Twitter) in influencing the tendency to be followed on social networks.This research aims to demonstrate that the choice of politicians in adopting both exploitative communication and explorational communication is more effective and efficient than choosing to adopt a single strategy.It is made two different study. In the study 1, we a collected data about votes by section, number elected by section, average voters for the last legislature for each Italian party. Data were extracted from the Minister of Internal Affairs. Five models were created and they are estimated for the most important Parties of the last legislature in which reliable data exist for votes by section, number elected by section, average voters, Followers on Facebook, Likes Instagram, Likes Facebook, Followers on Instagram, Facebook Profile and Followers on Twitter.The supplementary analysis is further test of our hypothesis. We a collected data concerning traditional channels - in particular the use of institutional websites and personal websites - and data relating to social media in particular, were collected for each individual parliamentarian (deputies and senators).Specifically, a moderation analysis was conducted in which followers on Twitter served as the dependent variable. The results support our hypothesis.This study has found important and significant results compared to the use of social media by Italian politicians. However, it has many potentialities to explore.

Believing and sharing misinformation, fact-checks, and accurate information on social media: The role of anxiety during COVID-19

2021 ◽  
pp. 146144482110114
Author(s):  
Isabelle Freiling ◽  
Nicole M Krause ◽  
Dietram A Scheufele ◽  
Dominique Brossard
Keyword(s):  
Social Media ◽  
Experimental Design ◽  
Large Scale ◽  
Motivated Reasoning ◽  
Accurate Information ◽  
Driving Factor ◽  
Fox News ◽  
News Outlet ◽  
High Uncertainty

The COVID-19 pandemic went hand in hand with what some have called a “(mis)infodemic” about the virus on social media. Drawing on partisan motivated reasoning and partisan selective sharing, this study examines the influence of political viewpoints, anxiety, and the interactions of the two on believing and willingness to share false, corrective, and accurate claims about COVID-19 on social media. A large-scale 2 (emotion: anxiety vs relaxation) × 2 (slant of news outlet: MSNBC vs Fox News) experimental design with 719 US participants shows that anxiety is a driving factor in belief in and willingness to share claims of any type. Especially for Republicans, a state of heightened anxiety leads them to believe and share more claims. Our findings expand research on partisan motivated reasoning and selective sharing in online settings, and enhance the understanding of how anxiety shapes individuals’ processing of risk-related claims in issue contexts with high uncertainty.

scholarly journals Modern Orthodox sermon: categorical-textual aspect

2021 ◽  
pp. 1-8
Author(s):  
Tatiana Viktorovna Itskovich
Keyword(s):  
Communication Channels ◽  
Social Situation ◽  
Russian Language ◽  
Main Theme ◽  
The Core ◽  
Public Consciousness ◽  
Media Channels ◽  
Role Of Religion ◽  
Modern Orthodox

Examination of functionality of the genres of religious functional style is a relevant direction of modern linguistic research, which is substantiated by the change of social situation in Russia at the turn of the XX – XXI centuries, and thus, the growing role of religion as a form of public consciousness and a type of human activity. Sermon is a genre that functions in the Russian language, which makes it understandable and influential. The author applies the categorical-textual method, which gives an objective perspective and determines the characterological features of the genre, perceived as a type of similar texts with a standard way of explicating text categories; it also allows identifying the signs of invariant and outlining the transformative trends in the genre of sermon, substantiated by the new communication channels. The sermons delivered during liturgy belong to the core of the genre and feature predominant reverent tone, thematic duality: mandatory spiritual theme, with explication of situational and sacred themes, and reduced explication of profane theme; classical compositional structure, where the main theme is accompanied by spiritual interpretation, comprising a compositional complex, while the situational theme serves for creation of a circular plot. Sermons delivered outside liturgy are attributed to the mediated distant communication, which employs modern media channels: television or Internet, which substantiated a way of explication of textual categories that differs from the invariant. Non-liturgical sermons are classified as periphery of the genre and characterized by prevalence of the preaching, and at times aggressive tone, implementation of profane theme in the text, and reduced role of sacred and spiritual themes. Compositionally, non-liturgical sermons are noted for optional introduction and conclusion, with situational theme, which is explained by usage of modern communication channels. The categorical-textual method allows observing the transformation of the genre of sermon from the core towards the periphery.

Digital Diversión

Diversión ◽  
2017 ◽  
Author(s):  
Albert Sergio Laguna
Keyword(s):  
Social Media ◽  
Web 2.0 ◽  
Cuban American ◽  
The World ◽  
Powerful Means ◽  
Media Channels ◽  
Diasporic Identities ◽  
Digital Spaces

This chapter moves away from specific geographic locales to consider the rising importance of digital spaces in mediating diasporic identities. It traces how cubanía echoes online through close readings of popular, highly circulated forms of diversión such as parody videos and memes. If Web 2.0 is primarily about sharing content, analyzing widely circulated forms of diversión online is a powerful means for understanding how and why certain narratives of cubanía resonate. Investigating this content, in turn, illuminates how the circulation, consumption, and experience of diversión online encourages a ludic sociability that helps to structure one’s engagement with the world online and off. A wide view of this content online also reveals generational tensions and the continued role of race in the mediation of Cuban American whiteness. To do this work, the chapter examines the material of a puppet named Pepe Billete and a duo called Los Pichy Boys, both viewed millions of times through various social media channels.

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