A New Chinese Financial Sentiment Dictionary for Textual Analysis in Accounting and Finance

21 Pages Posted: 7 Sep 2019 Last revised: 7 Jun 2021

See all articles by Shibo Bian

Shibo Bian

Shanghai Lixin University of Commerce - School of Accounting and Finance

Dekui Jia

Dekui Jia

Feng Li

Shanghai Advanced Institute of Finance, Shanghai Jiaotong University

Zhipeng Yan

New Jersey Institute of Technology

Date Written: June 7, 2021

Abstract

Using a multi-stage filtering procedure based on both algorithms and human judgement, we develop a Chinese Financial Sentiment Dictionary (CFSD) with the hope to help advance textual analysis of Chinese documents in accounting and finance. There are 1,489 negative words and 1,108 positive words in the CFSD. We translate all 2,597 words into English. We also briefly discuss two unique settings in which researchers can investigate some important and interesting research questions that are rarely studied due to lack of data.

Keywords: textual analysis; sentiment analysis; Chinese financial sentiment dictionary

JEL Classification: D70, D80, G14, M41

Suggested Citation

Bian, Shibo and Jia, Dekui and Li, Feng and Yan, Zhipeng, A New Chinese Financial Sentiment Dictionary for Textual Analysis in Accounting and Finance (June 7, 2021). Available at SSRN: https://ssrn.com/abstract=3446388 or http://dx.doi.org/10.2139/ssrn.3446388

Shibo Bian

Shanghai Lixin University of Commerce - School of Accounting and Finance ( email )

No.2800,Wenxiang Road,Songjiang District, Shanghai
Shanghai, 201620
China

Dekui Jia

Dekui Jia ( email )

Feng Li

Shanghai Advanced Institute of Finance, Shanghai Jiaotong University ( email )

211 West Huaihai Road
Shanghai, Shanghai 200030
China

Zhipeng Yan (Contact Author)

New Jersey Institute of Technology ( email )

United States

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