Conference Paper (published)

A review of artificial intelligence and biologically inspired computational approaches to solving issues in narrative financial disclosure

Details

Citation

Minhas S, Poria S, Hussain A & Hussainey K (2013) A review of artificial intelligence and biologically inspired computational approaches to solving issues in narrative financial disclosure. In: Liu D, Alippi C, Zhao D & Hussain A (eds.) Advances in Brain Inspired Cognitive Systems: 6th International Conference, BICS 2013, Beijing, China, June 9-11, 2013. Proceedings. Lecture Notes in Computer Science, 7888. 6th International Conference on Brain Inspired Cognitive Systems, BICS 2013, Beijing, China, 09.06.2013-11.06.2013. Berlin Heidelberg: Springer, pp. 317-327. http://link.springer.com/chapter/10.1007/978-3-642-38786-9_36#; https://doi.org/10.1007/978-3-642-38786-9_36

Abstract
Indisputably, financial reporting has a key role to play in the efficient workings of capitalist economies. Problems related to agency and asymmetric information (Jensen and Meckling, 1976) would abound and cripple financial markets, as it has done when left unchecked (Enron, WorldCom and Tyco). However for too long, quantitative data has monopolised the assessment and prediction role within this arena and this has contributed to the failures, borne out by research (Kumar & Ravi, 2007). As qualitative data proliferates, containing value relevant information it needs to be factored into the analysis. This paper reviews work on financial narrative disclosures and looks at conventional artificial intelligence and more recent biologically inspired computational approaches to catapult the domain to more progressive methods of using linguistic data in evaluations.

Keywords
Narrative Financial Disclosure; Biologically Inspired; SenticNet

StatusPublished
Title of seriesLecture Notes in Computer Science
Number in series7888
Publication date31/12/2013
Publication date online30/06/2013
URLhttp://hdl.handle.net/1893/16518
Related URLshttp://www.conference123.org/bics2013/
PublisherSpringer
Publisher URLhttp://link.springer.com/…-642-38786-9_36#
Place of publicationBerlin Heidelberg
ISSN of series0302-9743
ISBN978-3-642-38785-2
Conference6th International Conference on Brain Inspired Cognitive Systems, BICS 2013
Conference locationBeijing, China
Dates