Table 3 Hypotheses of our study
From: About relationship between business text patterns and financial performance in corporate data
No. | Hypotheses |
|---|---|
1 | Category 7370 containing Google, Facebook, Twitter, etc. is better than category 7373 containing Yahoo in revenue performance. |
2 | (2–1) Companies with low revenue performance tend to write a shorter “Risk Factors” item section, to skip over risks. (2–2) Companies with high revenue performance tend to write a shorter “Risk Factors” item section because they think there are fewer risks in their business. |
3 | (3–1) In item “Risk Factors”, a positive/negative tone correlates with sales performance (3–2) Using the positive/negative text analysis results in the “Risk Factors” item section, we can group companies by sales performance. |
4 | The occurrence patterns of words in “Risk Factors” are correlated with sales performance. |