On the alert for share price manipulation and inadvertent disclosure by Twitter and other social media channels

Copy of submitted paper

Questions about deceit, lies, falsehood, and deception in business, politics, religion and everyday life have never been satisfactorily answered. There has also been a growing concern about misinformation and fake news on the Internet. This has generated new concerns and quests for methods and theories in the study of deception and deception detection. This book will offer broad perspectives, practices, case studies, and methods to the study of online deception.

IGI Books will publish during 2019 “Deception, Fake News and Misinformation Online”, a collection of edited chapters to provide different (interdisciplinary) definitions of deception as it will address the various aspects of deceptive behaviour and deceptive communication on social media. It will bring multidisciplinary approaches and new methods/theories to the study of deception broadly including fake news and misinformation, character assassination and libel, online financial scams, romance scams, business deceits and commercial lies, political deceptions, religious lies etc.

Twitter (and other social media outlets) are venues where share price manipulation can occur, with potentially near-instantaneous, worldwide reach, whether through creating fake news stories that may get picked up and rebroadcast, unplanned shareholder activity after reading adverse commentary or even by possibly making automatic trading systems react. Companies need to be aware of this and the issues that it can cause, concerning reputation, market activity and regulatory activity. Similarly, problems can exist by inadvertent early or wrongful disclosure of material information by the company, its agents, employees and other related bodies that may have effects, and consequences, to be dealt with.

My chapter looks at the current state of the problem and seeks to deliver best practice and extant thought about the broad issue, evaluating research and interviews with a diverse group of stakeholders (particularly within, but not restricted to Scandinavia/the Nordics) such as investor relations/public relations executives, stock exchanges, financial institutions and regulators. The future is less clear: Can artificial intelligence and other technology advances help reduce these risks or, perhaps, provide additional attack vectors and further challenges? The objective of the chapter would be to give a readable, actionable and illustrative market status report today to student, researcher and industry participant alike that can inspire review, action and future research strands.