Following a successful First FNP 2018, we are calling for papers to be submitted for the 2nd FNP. The workshop will continue focusing on the use of Natural Language Processing (NLP), Machine Learning (ML), and Corpus Linguistics (CL) methods related to all aspects of financial text mining and financial narrative processing (FNP).
Financial narrative disclosures represent a large part of firms overall financial communications with investors. Textual commentaries help to clarify issues obscured by complex accounting methods and footnote disclosures. In addition, narratives summarise corporate strategy, contextualise results, explain governance arrangements, describe corporate social responsibility policy, and provide forward-looking information for investors. They also provide management with an opportunity to obfuscate accounting results and manipulate readers’ perceptions of underlying economic performance.
One focal point of the workshop is to develop a better understanding of the determinants of financial disclosure quality and the factors that influence the quality of information disclosed to investors beyond the quantitative data reported in the financial statements. The workshop will also encourage efforts to build resources and tools to help advance the work on financial narrative processing (including content retrieval and classification) due to the dearth of publicly available datasets and the high cost and limited access of content providers. The workshop aims to advance research on the lexical properties and narrative aspects of corporate disclosures, including glossy (PDF) annual reports, US 10-K and 10-Q financial documents, corporate press releases (including earning announcements), conference calls, media articles, social media, etc.
More information about FNP2019 and submission of papers can be found at the following link: Workshop URL: http://wp.lancs.ac.uk/cfie/fnp2019/
On this topic, you might be interested in a paper by Craig Lewis and Steven Young Fad or future? Automated analysis of financial text and its implications for corporate reporting which published in a special issue of ABR in June 2019. The video of Professor Lewis's presentation on the same topic can be seen here.