Social media and capital markets: an interdisciplinary bibliometric analysis

Wen Long () and Man Guo ()
Additional contact information
Wen Long: University of Chinese Academy of Sciences
Man Guo: University of Chinese Academy of Sciences

Financial Innovation, 2025, vol. 11, issue 1, 1-32

Abstract: Abstract Social media platforms collect information from complex human social behaviors. It has been shown that they significantly impact capital markets. This article conducts a bibliometric analysis of 363 high-quality articles from the Web of Science on social media and capital markets. First, a descriptive analysis was performed, including discipline distribution, growth trends, institutions, publication sources, influential authors, articles, and countries. Second, collaborative networks identify cooperation between countries and institutions in the network analysis section. Bibliometric coupling analysis determines the relationship between journals of different disciplines. Cluster analysis and keyword co-occurrence networks identify hot research topics. Burst detection and keyword time zone analysis track field development. Finally, keyword analysis and clustering analysis are conducted on the research of different disciplines. These sample papers mainly include seven hot topics, including sentiment analysis and financial market prediction. Articles in business and finance focus more on social media’s impact on capital markets. In contrast, information technology articles focus more on extracting information from social media. Each field also has its unique research directions. This paper contributes to a comprehensive understanding of the research on social media and capital markets. It offers perspectives on disciplinary differences, serving as a valuable scholarly reference for conducting in-depth research.

Keywords: Social media; Capital markets; Bibliometric analysis; Interdisciplinary analysis (search for similar items in EconPapers)
JEL-codes: C55 G12 G41 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1186/s40854-024-00731-2 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fininn:v:11:y:2025:i:1:d:10.1186_s40854-024-00731-2

Ordering information: This journal article can be ordered from
http://www.springer. ... nomics/journal/40589

DOI: 10.1186/s40854-024-00731-2

Access Statistics for this article

Financial Innovation is currently edited by J. Leon Zhao and Zongyi

More articles in Financial Innovation from Springer, Southwestern University of Finance and Economics
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().