Financial social media (FSM hereafter) has transformed how stakeholders perceive and interact with corporations. FSM platforms like TheLion, Seeking Alpha, X.com (formerly Twitter), Reddit, and StockTwits allow investors, analysts, and the public to share opinions and sentiments that influence corporate image, market value, and the accountability mechanisms that shape corporate governance.

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How Financial Social Media Affects Corporate Value and Governance

  • Ying Zhang

摘要

Financial social media (FSM hereafter) has transformed how stakeholders perceive and interact with corporations. FSM platforms like TheLion, Seeking Alpha, X.com (formerly Twitter), Reddit, and StockTwits allow investors, analysts, and the public to share opinions and sentiments that influence corporate image, market value, and the accountability mechanisms that shape corporate governance.