Firm Communication and Investor Response: A Framework and Discussion Integrating Social Media
Accounting, Organizations and Society 2017 Conference on New Corporate Disclosure and New Media
24 Pages Posted: 24 Mar 2018
Date Written: March 20, 2018
I provide a general framework of firms’ financial communication process and investor response to information, moving from disclosure through dissemination to investor response and management response. I then discuss the entrance of social media into firm communications, highlighting both classic and unique aspects of social media in the communication process. I place Cade (2018) in this literature and discuss areas ripe for future research. Finally, I encourage researchers interested in social media to acknowledge and embrace the unique opportunities and challenges in this area.
Keywords: disclosure; social media; firm communication; investor response
JEL Classification: D83, G14, G41, M41
Suggested Citation: Suggested Citation