Financial reporting on social media (including Twitter) - reviewing the challenges

Chapple, Larelle June, Prasad, Acklesh, & Xiong, Feng (2016) Financial reporting on social media (including Twitter) - reviewing the challenges. In Accounting and Finance Association of Australia and New Zealand, 3-5 July 2016, Jupiters Hotel, Gold Coast, Qld. (Unpublished)



  • The tweet that added $1 billion to the company's bottom line

  • Shares jumped nearly 4 per cent in just 10 minutes

  • Adding a $US900 million to the company's market cap in just 115 characters.

  • The tweet went out to his 1.9 million followers and had thousands of retweets within an hour.

Purpose of this paper

  • ASX companies are subject to continuous disclosure so twitter posts are not new information?

  • so how plausible is it that twitter posts add information in the market?

    • How do regulators view social media reporting?

    • How “should” firms respond in a regulated environment?

  • How should the future development of regulations or guidelines to manage the use of Twitter and other social media platforms for financial reporting be approached?

Impact and interest:

Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

121 since deposited on 02 Aug 2016
121 in the past twelve months

Full-text downloads displays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 97866
Item Type: Conference Item (Presentation)
Refereed: No
Keywords: Financial Reporting, Social media, Twitter
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2016 The Authors
Deposited On: 02 Aug 2016 23:37
Last Modified: 22 Jun 2017 14:49

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page