April 2020
Intermediate to advanced
7 pages
16m
English
Many organizations aren’t fully aware of the risks posed by social media or taking enough steps to minimize them.
Social media platforms are invaluable for connecting companies with their customers, the financial community, and the media. Sharing information on social media can reduce the information asymmetry between companies and their stakeholders in a timely manner.1 However, several factors, including a lack of planning, controls, and training, combined with the unpredictability of online behavior, can expose companies to considerable risk. Our research found that company managers and internal auditors lack sufficient ...
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