Tim Alexander Herberger
Social Media-Channels as Information Intermediaries – Influence on Capital Market Participants, Market Microstructure and Digitization in Financial Intermediation, Accounting, Auditing & Corporate Media Relations
Information intermediaries can help sustainably increase company value in communicating corporate news. Lower costs while at the same time faster information search, information spread and extension of the addressee circle are the reason. This also applies to the use of social media-channels. The aim of the project is to analyze the extent to which the use of social media-channels in the course of communication, in particular of company information for capital markets, can be realized for various stakeholders as well as the underlying market microstructure. This includes a critical analysis of possible risks arising from the use of such intermediaries. In this way implications for the financial intermediation as well as the digitization in accounting are pointed out.