Mining Textual Contents of Financial Reports

The message, stylistic focus, language and readability of financial reports are good indicators of the perspectives and developments of any company. These indicators can guide companies decision makers to more efficient actions in the dynamic business environment. In this paper, we have studied the language and contents of quarterly financial reports using automated linguistic and text mining methods. We aim at comparing the results from linguistic analysis of quarterly reports by means of collocational networks and the results obtained from text mining analysis of quarterly report by means of the prototype matching. We perform the study on the quarterly reports from three leading companies in the telecommunications sector. Our results are somewhat controversial: some of the reports from the companies have as their closest matches the reports with similar collocational networks and some do not have.