IDEAS home Printed from https://ideas.repec.org/a/pal/jmarka/v8y2020i4d10.1057_s41270-020-00080-w.html
   My bibliography  Save this article

Establishing social media firestorm scale via large dataset media analytics

Author

Listed:
  • Kalle Nuortimo

    (University of Oulu)

  • Erkki Karvonen

    (University of Oulu)

  • Janne Härkönen

    (University of Oulu)

Abstract

A social media (SoMe) firestorm can present a liability for personal brands via the loss of reputation, as well as for the organisational brand image. The drastic measures often taken in these situations, especially in cases of negative media attention or a scandal, usually involve dismissal of the related persons. Hence, predicting, monitoring, analysing and measuring SoMe firestorms related to organisations or individuals can be beneficial. This paper describes SoMe firestorms and their effect, using media analysis involving opinion mining. The analysis focuses on the human trash (ihmisroska) scandal that was caused by a local centre party politician in Finland. The politician caused a SoMe firestorm by describing homeless people and substance addicts as ‘human trash’. The analysis utilises machine learning to classify 3300 media hits in the Finnish language to analyse their sentiment during the SoMe firestorm. General conclusions are drawn about the spread and influence of the SoMe firestorm to form a basis for wider global generalisation. The study formulates a scale for quantifying and analysing the influence of SoMe firestorms. The scale includes three classes relating to the exponential rise of the effect, starting from 1, with 3 being the highest. This scale aligns with the literature, which states that these events usually follow the same pattern. The case example provides further direction for the presented 1–3 level scale.

Suggested Citation

  • Kalle Nuortimo & Erkki Karvonen & Janne Härkönen, 2020. "Establishing social media firestorm scale via large dataset media analytics," Journal of Marketing Analytics, Palgrave Macmillan, vol. 8(4), pages 224-233, December.
  • Handle: RePEc:pal:jmarka:v:8:y:2020:i:4:d:10.1057_s41270-020-00080-w
    DOI: 10.1057/s41270-020-00080-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41270-020-00080-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1057/s41270-020-00080-w?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ilias Flaounas & Marco Turchi & Omar Ali & Nick Fyson & Tijl De Bie & Nick Mosdell & Justin Lewis & Nello Cristianini, 2010. "The Structure of the EU Mediasphere," PLOS ONE, Public Library of Science, vol. 5(12), pages 1-6, December.
    2. Hillert, Alexander & Jacobs, Heiko & Müller, Sebastian, 2018. "Journalist disagreement," Journal of Financial Markets, Elsevier, vol. 41(C), pages 57-76.
    3. Kalle Nuortimo & Janne Harkonen, 2019. "Establishing an automated brand index based on opinion mining: analysis of printed and social media," Journal of Marketing Analytics, Palgrave Macmillan, vol. 7(3), pages 141-151, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kalle Nuortimo & Erkki Karvonen & Janne Härkönen, 0. "Establishing social media firestorm scale via large dataset media analytics," Journal of Marketing Analytics, Palgrave Macmillan, vol. 0, pages 1-10.
    2. Wu, Chunying & Xiong, Xiong & Gao, Ya, 2022. "The role of different information sources in information spread: Evidence from three media channels in China," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 327-341.
    3. Du, Hanyu & Hao, Jing & He, Feng & Xi, Wenze, 2022. "Media sentiment and cross-sectional stock returns in the Chinese stock market," Research in International Business and Finance, Elsevier, vol. 60(C).
    4. Loughran, Tim & McDonald, Bill & Pragidis, Ioannis, 2019. "Assimilation of oil news into prices," International Review of Financial Analysis, Elsevier, vol. 63(C), pages 105-118.
    5. Cong, Yunyu & Sun, Fangfang & Wang, Fusheng & Ye, Qiang, 2022. "Information assimilation and stock return synchronicity: Evidence from an investor relations management platform," Emerging Markets Review, Elsevier, vol. 53(C).
    6. Kalle Nuortimo & Janne Harkonen, 2019. "Establishing an automated brand index based on opinion mining: analysis of printed and social media," Journal of Marketing Analytics, Palgrave Macmillan, vol. 7(3), pages 141-151, September.
    7. Zhang, Teng & Xu, Zhiwei, 2023. "The informational feedback effect of stock prices on corporate investments: A comparison of new energy firms and traditional energy firms in China," Energy Economics, Elsevier, vol. 127(PA).
    8. Youzhong Wang & Daniel Zeng & Bin Zhu & Xiaolong Zheng & Feiyue Wang, 2014. "Patterns of news dissemination through online news media: A case study in China," Information Systems Frontiers, Springer, vol. 16(4), pages 557-570, September.
    9. Zhang, Zuochao & Shen, Dehua, 2024. "Firm-specific new media sentiment and price synchronicity," Research in International Business and Finance, Elsevier, vol. 69(C).
    10. Han, Simeng & Reinartz, Werner & Skiera, Bernd, 2021. "Capturing Retailers’ Brand and Customer Focus," Journal of Retailing, Elsevier, vol. 97(4), pages 582-596.
    11. Liu, Sha & Han, Jingguang, 2020. "Media tone and expected stock returns," International Review of Financial Analysis, Elsevier, vol. 70(C).
    12. Zhang, Zuochao & Goodell, John W. & Shen, Dehua & Lahmar, Oumaima, 2024. "Media opinion divergence and stock returns: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 93(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jmarka:v:8:y:2020:i:4:d:10.1057_s41270-020-00080-w. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.