Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative

How do corporations engage in political speech in the age of social media? Evidence suggests that online corporate brands employ a variety of partisan signals which include not only ideological positions but also more subtle, implicit appeals to partisans. Identifying and scaling a broad rang...

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Main Author: Soubhik Barari
Format: Article
Language:English
Published: HOPE 2024-05-01
Series:Journal of Quantitative Description: Digital Media
Subjects:
Online Access:https://journalqd.org/article/view/5895
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author Soubhik Barari
author_facet Soubhik Barari
author_sort Soubhik Barari
collection DOAJ
description How do corporations engage in political speech in the age of social media? Evidence suggests that online corporate brands employ a variety of partisan signals which include not only ideological positions but also more subtle, implicit appeals to partisans. Identifying and scaling a broad range of these signals in ≈2 million Twitter and Insta- gram posts from the 1,000 most popular corporate brands in the United States, I find that most corporate brands’ speech mirrors the speech of Democrats, but this is concentrated in a handful of brands and occurs in uneven bursts across time. Moreover, this communication is not as dishonest as popular narratives suggest: the majority of brands’ partisan speech well represents the political preferences of key stakeholders (e.g. employees, voters, and consumers) and is at least somewhat informative about corporate governance priorities (e.g. political spending, DEI outcomes, and cli- mate policy). These results provide a measured counterbalance to popular narratives of ‘woke capitalism’, suggesting that political speech from corporate America is, at worst, sometimes inconsistent with stakeholders and firm agendas rather than outright hypocritical.
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spelling doaj-art-1e9c8352b8914f9ea9b951759bcde8f62025-08-20T03:37:02ZengHOPEJournal of Quantitative Description: Digital Media2673-88132024-05-01410.51685/jqd.2024.icwsm.5Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat RepresentativeSoubhik Barari0NORC at the University of Chicago How do corporations engage in political speech in the age of social media? Evidence suggests that online corporate brands employ a variety of partisan signals which include not only ideological positions but also more subtle, implicit appeals to partisans. Identifying and scaling a broad range of these signals in ≈2 million Twitter and Insta- gram posts from the 1,000 most popular corporate brands in the United States, I find that most corporate brands’ speech mirrors the speech of Democrats, but this is concentrated in a handful of brands and occurs in uneven bursts across time. Moreover, this communication is not as dishonest as popular narratives suggest: the majority of brands’ partisan speech well represents the political preferences of key stakeholders (e.g. employees, voters, and consumers) and is at least somewhat informative about corporate governance priorities (e.g. political spending, DEI outcomes, and cli- mate policy). These results provide a measured counterbalance to popular narratives of ‘woke capitalism’, suggesting that political speech from corporate America is, at worst, sometimes inconsistent with stakeholders and firm agendas rather than outright hypocritical. https://journalqd.org/article/view/5895polarizationsocial mediacorporate political speechtext-as-data
spellingShingle Soubhik Barari
Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
Journal of Quantitative Description: Digital Media
polarization
social media
corporate political speech
text-as-data
title Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
title_full Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
title_fullStr Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
title_full_unstemmed Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
title_short Political Speech from Corporate America: Sparse, Mostly for Democrats, and Somewhat Representative
title_sort political speech from corporate america sparse mostly for democrats and somewhat representative
topic polarization
social media
corporate political speech
text-as-data
url https://journalqd.org/article/view/5895
work_keys_str_mv AT soubhikbarari politicalspeechfromcorporateamericasparsemostlyfordemocratsandsomewhatrepresentative