"Don't Be a Bragger!": Social Media Impression and Firm's Financial Performance

被引:1
|
作者
Suryani, Ani Wilujeng [1 ]
Fernando, Fiki [1 ]
机构
[1] Univ Negeri Malang, Fac Econ & Business, Accounting Dept, Malang, Indonesia
关键词
Impression management; Social media; Financial performance; Quantitative content analysis; MANAGEMENT STRATEGIES; CORPORATE REPUTATION; BUSINESS PERFORMANCE; BANK PROFITABILITY; TWITTER; ENGAGEMENT; IMPACT; ORGANIZATIONS; DETERMINANTS; NARRATIVES;
D O I
10.1057/s41299-023-00163-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
The failure of banks to safeguard customers' funds has become a substantial issue that has affected public impressions on social media. One of the strategies to ensure the company's reputation is performing impression management. This study aims to assess the financial performance impact of using impression management on banking's Twitter. This study collected 6712 tweets from banks listed on the Indonesia Stock Exchange in 2019. The regression shows no influence on financial performance when banks post a lot of their achievements and accomplishments. However, being a friendly bank can have a favourable impact on financial performance. Empirically, this study contributes to explaining the influence of impression management categories on social media on financial performance, implying that firms should make the most of their social media communications to manage public impressions.
引用
收藏
页码:157 / 171
页数:15
相关论文
共 50 条
  • [21] Corporate social responsibility, firm value and financial performance in Brazil
    Crisostomo, Vicente Lima
    Freire, Fatima de Souza
    de Vasconcellos, Felipe Cortes
    SOCIAL RESPONSIBILITY JOURNAL, 2011, 7 (02) : 295 - +
  • [22] Social media usage and firm performance: the mediating role of social capital
    Kamboj S.
    Kumar V.
    Rahman Z.
    Kamboj, Shampy (kamboj.shampy@gmail.com), 1600, Springer-Verlag Wien (07):
  • [23] The fit between corporate social responsibility and corporate governance: the impact on a firm's financial performance
    Pekovic, Sanja
    Vogt, Sebastian
    REVIEW OF MANAGERIAL SCIENCE, 2021, 15 (04) : 1095 - 1125
  • [24] Moderation impact of national culture on international firm's environmental, social, governance and financial performance
    DasGupta, Ranjan
    Roy, Arup
    INTERNATIONAL JOURNAL OF INTERCULTURAL RELATIONS, 2023, 92
  • [25] The fit between corporate social responsibility and corporate governance: the impact on a firm’s financial performance
    Sanja Pekovic
    Sebastian Vogt
    Review of Managerial Science, 2021, 15 : 1095 - 1125
  • [26] Women on corporate boards and firm's financial performance
    Valls Martinez, Maria del Carmen
    Cruz Rambaud, Salvador
    WOMENS STUDIES INTERNATIONAL FORUM, 2019, 76
  • [27] Don ?t Be a Luddite: Urologists Benefit from Social Media
    Bayne, Christopher E.
    Davies, Benjamin J.
    EUROPEAN UROLOGY FOCUS, 2020, 6 (03): : 430 - 431
  • [28] When Employees Don't 'Like' Their Employers on Social Media
    Cervellon, Marie-Cecile
    Lirio, Pamela
    MIT SLOAN MANAGEMENT REVIEW, 2017, 58 (02) : 63 - 70
  • [29] Is a firm's financial risk associated with corporate social responsibility?
    Hsu, Feng Jui
    Chen, Yu-Cheng
    MANAGEMENT DECISION, 2015, 53 (09) : 2175 - 2199
  • [30] The Impact of Social Media on Restaurant Corporations' Financial Performance
    Fernandez-Miguelez, Sergio M.
    Diaz-Puche, Miguel
    Campos-Soria, Juan A.
    Galan-Valdivieso, Federico
    SUSTAINABILITY, 2020, 12 (04)