- Tytuł:
- Sentiment Analysis of German Texts in Finance: Improving and Testing the BPW Dictionary
- Autorzy:
- Pöferlein, Matthias
- Powiązania:
- https://bibliotekanauki.pl/articles/2048284.pdf
- Data publikacji:
- 2021-12-20
- Wydawca:
- Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
- Tematy:
-
textual analysis
textual sentiment
sentiment analysis
content analysis
CEO speeches
annual general meeting - Opis:
- Using the dictionary-based approach to measure the sentiment of finance-related texts is primarily focused on English-speaking content. This is due to the need for domain-specific dictionaries and the primary availability of those in English. Through the contribution of Bannier et al. (2019b), the first finance-related dictionary is available for the German language. Because of the novelty of this dictionary, this paper proposes several reforms and extensions of the original word lists. Additionally, I tested multiple measurements of sentiment. I show that using the edited and extended dictionary to calculate a relative measurement of sentiment, central assumptions regarding textual analysis can be fulfilled and more significant relations between the sentiment of a speech by a CEO at the Annual General Meeting and subsequent abnormal stock returns can be calculated.
- Źródło:
-
Journal of Banking and Financial Economics; 2021, 2(16); 5-24
2353-6845 - Pojawia się w:
- Journal of Banking and Financial Economics
- Dostawca treści:
- Biblioteka Nauki
Artykuł