Content Analysis of Annual Reports for Corporate Strategy and Risk
By E. H. Bowman. 2015
198 citations recorded by the source corpus.
Annual report content analysis is used to explore corporate strategy and elements of risk and return. Sets of reports from three industries, food processing, computer peripherals, and containers, show relationships which are otherwise difficult to obtain and which can be tested for validity. Revealed are a negative correlation of risk and return between companies within industries, and a tendency of troubled companies to seek risk. Profits following higher risk positions are explored in light of current finance theory using content analysis.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/8ad2221454ccf16f6d88678498e521c4758f5218
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In Accounting
- Andy Neely
- Morgan Swink
- Ingrid E. Fisher
- Mukesh Kumar
- Margaret R. Garnsey
- Mark E. Hughes
- Ajai S. Gaur
- O. Benedettini
Citations in the corpus
- Natural Language Processing in Accounting, Auditing and Finance: A Synthesis of the Literature with a Roadmap for Future Research (2016, methodology): “and the language was beyond the comprehension of 75% of the U.S. adult population’ (Pashalian & Crissy, 1952). In the mid-1980s, studies using basic text mining began to emerge, employing computer programs to extract (i.e. ‘mine’) relevant textual content. Frazier et al.’s (1984) analysis of 74 annu”
- A systematic approach to conducting review studies: An assessment of content analysis in 25years of IB research (2017, background): “One can operationalize latent constructs such as a firm’s risk taking behavior (Bowman, 1984), its competitive intensity (Andrevski, Richard, Shaw & Ferrier, 2014), its exploration versus exploitation orientation (Heyden et al., 2015) using secondary qualitative data sources.”
- Examining the influence of service additions on manufacturing firms' bankruptcy likelihood (2017, background): “Of relevance to the use of 10-Ks in this study is the work of Bowman (1984), who demonstrated the validity of annual report discussion as a source of information regarding firm activities3.”