IDEAS home Printed from https://ideas.repec.org/a/cog/meanco/v11y2023i3p153-163.html
   My bibliography  Save this article

The Value of a Like: Facebook, Viral Posts, and Campaign Finance in US Congressional Elections

Author

Listed:
  • Michael Kowal

    (College of Arts, Stevens Institute of Technology, USA)

Abstract

Social media has become a dominant force in American political life, from Twitter and Facebook to newer rivals like Instagram and TikTok. As American elections have also grown increasingly expensive, campaigns have sought to capitalize on social media success through campaign donations. The most successful social media posts can garner thousands of likes and millions of views focusing attention on the candidate and presenting a fundraising opportunity. In this study, I examine the impact of viral posts (those receiving more than 5,000 likes or those in the top 1% of likes) on the number and amount of campaign donations a candidate receives on the date of the post. Combining social media data from Facebook and campaign finance donations during the 2018 and 2020 House of Representatives elections, I find that viral posts can dramatically increase a candidate’s fundraising on those dates. This finding suggests that candidates can increase their fundraising through increased social media success.

Suggested Citation

  • Michael Kowal, 2023. "The Value of a Like: Facebook, Viral Posts, and Campaign Finance in US Congressional Elections," Media and Communication, Cogitatio Press, vol. 11(3), pages 153-163.
  • Handle: RePEc:cog:meanco:v:11:y:2023:i:3:p:153-163
    as

    Download full text from publisher

    File URL: https://www.cogitatiopress.com/mediaandcommunication/article/view/6661
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zachary J. Auter & Jeffrey A. Fine, 2018. "Social Media Campaigning: Mobilization and Fundraising on Facebook," Social Science Quarterly, Southwestern Social Science Association, vol. 99(1), pages 185-200, March.
    2. Stephen Ansolabehere & John M. de Figueiredo & James M. Snyder Jr, 2003. "Why is There so Little Money in U.S. Politics?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 105-130, Winter.
    3. Barberã , Pablo & Casas, Andreu & Nagler, Jonathan & Egan, Patrick J. & Bonneau, Richard & Jost, John T. & Tucker, Joshua A., 2019. "Who Leads? Who Follows? Measuring Issue Attention and Agenda Setting by Legislators and the Mass Public Using Social Media Data," American Political Science Review, Cambridge University Press, vol. 113(4), pages 883-901, November.
    4. Hall, Richard L. & Wayman, Frank W., 1990. "Buying Time: Moneyed Interests and the Mobilization of Bias in Congressional Committees," American Political Science Review, Cambridge University Press, vol. 84(3), pages 797-820, September.
    5. Jennifer Golbeck & Justin M. Grimes & Anthony Rogers, 2010. "Twitter use by the U.S. Congress," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 61(8), pages 1612-1621, August.
    6. Michael Ensley, 2009. "Individual campaign contributions and candidate ideology," Public Choice, Springer, vol. 138(1), pages 221-238, January.
    7. Michael J. Barber & Brandice Canes‐Wrone & Sharece Thrower, 2017. "Ideologically Sophisticated Donors: Which Candidates Do Individual Contributors Finance?," American Journal of Political Science, John Wiley & Sons, vol. 61(2), pages 271-288, April.
    8. Yue Han & Theodoros Lappas & Gaurav Sabnis, 2020. "The Importance of Interactions Between Content Characteristics and Creator Characteristics for Studying Virality in Social Media," Information Systems Research, INFORMS, vol. 31(2), pages 576-588, June.
    9. James G. Gimpel & Frances E. Lee & Shanna Pearson‐Merkowitz, 2008. "The Check Is in the Mail: Interdistrict Funding Flows in Congressional Elections," American Journal of Political Science, John Wiley & Sons, vol. 52(2), pages 373-394, April.
    10. Jennifer Golbeck & Justin M. Grimes & Anthony Rogers, 2010. "Twitter use by the U.S. Congress," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 61(8), pages 1612-1621, August.
    11. Bonica, Adam, 2016. "Avenues of influence: on the political expenditures of corporations and their directors and executives," Business and Politics, Cambridge University Press, vol. 18(4), pages 367-394, December.
    12. repec:cup:apsrev:v:113:y:2019:i:04:p:883-901_00 is not listed on IDEAS
    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. Laurent Bouton & Julia Cagé & Edgard Dewitte & Vincent Pons, 2021. "Small Campaign Donors," Working Papers hal-03878175, HAL.
    2. Rebecca Lessem & Sarah Niebler & Carly Urban, 2023. "Do house prices affect campaign contributions?," Economics and Politics, Wiley Blackwell, vol. 35(2), pages 629-660, July.
    3. Laurent Bouton & Micael Castanheira & Allan Drazen, 2018. "A Theory of Small Campaign Contributions," NBER Working Papers 24413, National Bureau of Economic Research, Inc.
    4. Larcinese, Valentino & Parmigiani, Alberto, 2023. "Income inequality and campaign contributions: evidence from the Reagan tax cut," LSE Research Online Documents on Economics 118456, London School of Economics and Political Science, LSE Library.
    5. Michael J. Barber & Brandice Canes‐Wrone & Sharece Thrower, 2017. "Ideologically Sophisticated Donors: Which Candidates Do Individual Contributors Finance?," American Journal of Political Science, John Wiley & Sons, vol. 61(2), pages 271-288, April.
    6. Robert Brulle & Christian Downie, 2022. "Following the money: trade associations, political activity and climate change," Climatic Change, Springer, vol. 175(3), pages 1-19, December.
    7. Hoyong Jung, 2022. "Examining the relationship between political spending and legislative activities," Bulletin of Economic Research, Wiley Blackwell, vol. 74(2), pages 539-568, April.
    8. Alexander Fink, 2017. "Donations to Political Parties: Investing Corporations and Consuming Individuals?," Kyklos, Wiley Blackwell, vol. 70(2), pages 220-255, May.
    9. Brian Kelleher Richter & Krislert Samphantharak & Jeffrey F. Timmons, 2009. "Lobbying and Taxes," American Journal of Political Science, John Wiley & Sons, vol. 53(4), pages 893-909, October.
    10. Minjeong Kim & Han Woo Park, 2012. "Measuring Twitter-based political participation and deliberation in the South Korean context by using social network and Triple Helix indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 90(1), pages 121-140, January.
    11. Greiner, Michael & Kim, Jaemin & Cordon Thor, Jennifer, 2023. "Narcissistic CEOs and their corporate political activity," Journal of Business Research, Elsevier, vol. 163(C).
    12. Julia Cagé & Malka Guillot, 2021. "Is Charitable Giving Political? Evidence from Wealth and Income Tax Returns," Working Papers hal-03877993, HAL.
    13. Ulrich Matter & Alois Stutzer, 2019. "Does Public Attention Reduce The Influence Of Moneyed Interests? Policy Positions On Sopa/Pipa Before And After The Internet Blackout," Economic Inquiry, Western Economic Association International, vol. 57(4), pages 1879-1895, October.
    14. Timothy Werner, 2015. "Gaining Access by Doing Good: The Effect of Sociopolitical Reputation on Firm Participation in Public Policy Making," Management Science, INFORMS, vol. 61(8), pages 1989-2011, August.
    15. Woon Leong Lin, 2018. "Do Firm’s Organisational Slacks Influence the Relationship between Corporate Lobbying and Corporate Financial Performance? More Is Not Always Better," IJFS, MDPI, vol. 7(1), pages 1-23, December.
    16. Balles, Patrick & Matter, Ulrich & Stutzer, Alois, 2018. "Special Interest Groups Versus Voters and the Political Economics of Attention," Economics Working Paper Series 1813, University of St. Gallen, School of Economics and Political Science.
    17. Amoah John & Nutakor Felix & Li Jinke & Jibril Abdul Bashiru & Sanful Benjamin & Odei Michael Amponsah, 2021. "Antecedents of social media usage intensity in the financial sector of an emerging economy: a Pls-Sem Algorithm," Management & Marketing, Sciendo, vol. 16(4), pages 387-406, December.
    18. Ivan Pastine & Tuvana Pastine, 2010. "Politician preferences, law-abiding lobbyists and caps on political contributions," Public Choice, Springer, vol. 145(1), pages 81-101, October.
    19. Jayachandran, Seema, 2006. "The Jeffords Effect," Journal of Law and Economics, University of Chicago Press, vol. 49(2), pages 397-425, October.
    20. Saad Alnahedh & Bader Alhashel, 2021. "Political ideology in M&A," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1711-1746, October.

    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:cog:meanco:v:11:y:2023:i:3:p:153-163. 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: António Vieira (email available below). General contact details of provider: https://www.cogitatiopress.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.