D 2023

Non-financial Reporting in Extracting Multinationals: Succint text Analysis

JINDŘICHOVSKÁ, Irena and Dana KUBÍČKOVÁ

Basic information

Original name

Non-financial Reporting in Extracting Multinationals: Succint text Analysis

Name in Czech

Non-financial Reporting in Extracting Multinationals: Succint text Analysis

Authors

JINDŘICHOVSKÁ, Irena and Dana KUBÍČKOVÁ

Edition

Bucharest, Proceedings of the international conference ICESS, p. 325-337, 12 pp. 2023

Publisher

Bucharest University of Economic Studies

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Romania

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

URL

Organization unit

University of Finance and Administration

ISSN

Keywords (in Czech)

NFR, annual reports, controversial industry, sustainability reporting, LIWC2022, mining giants, lexico analysis, dimensions, text analysis

Keywords in English

NFR, annual reports, controversial industry, sustainability reporting, LIWC2022, mining giants, lexico analysis, dimensions, text analysis

Tags

AR 2023-2024, nehodnoceno_afiliace_není_k_VŠFS

Tags

International impact, Reviewed
Změněno: 13/10/2023 09:42, Bc. Jan Peterec

Abstract

ORIG CZ

V originále

Abstract: Idea: In this paper, we analyse recent annual reports of world mining giants. The motivation is that mining and extracting is a controversial industry. In this paper, we explore the dimensions of the chairman's statements of the ten largest mining multinationals in the post-COVID period. Data and Tools: We perform a textual analysis of selected multinationals using the analytical software LIWC2022. Concentrate on their approach to mining and CSR issues as can be discerned from the text of the report. We explore letters to shareholders in nine dimensions of the text: namely, the dimension of Allure, Moral, Social, Negative tone, Positive tone, Cognitive processes, I-words, Authentic and Analytic which are evaluated by the linguistic programme LIWC2022. What’s new: We have assessed the level of nine dimensions and compared the findings with the results of the previous literature and benchmark of professional text. This investigation enabled us to assess the differences between approaches of individual reports from different parts of the world and highlight their differences. Contribution: In our exploration, we have discovered that there are some interesting differences. Based on the analysis, we can state that identified differences depend on the cultural and historical environment in which the companies operate. The highest scores were found in cognitive processes in BARICK, which is a Canadian gold mining company. And in the case of positive emotions. This concerned especially the Chinese company China Shenhua Energy. On the contrary, the lowest scores were found in negative emotions. Nevertheless, here, the differences between the companies were not very important. The authenticity values were both positive and negative, but the companies did not display any great differences in the group of analysed companies. Limitations and further research: We have assessed the full text of letters to shareholders also some other parts of the report can be also interesting and revealing. We assume that the main message of each report is always displayed at the forefront of the text. However, the scores of individual dimensions can be somewhat biased and further, more detailed exploration is needed.

In Czech

Abstract: Idea: In this paper, we analyse recent annual reports of world mining giants. The motivation is that mining and extracting is a controversial industry. In this paper, we explore the dimensions of the chairman's statements of the ten largest mining multinationals in the post-COVID period. Data and Tools: We perform a textual analysis of selected multinationals using the analytical software LIWC2022. Concentrate on their approach to mining and CSR issues as can be discerned from the text of the report. We explore letters to shareholders in nine dimensions of the text: namely, the dimension of Allure, Moral, Social, Negative tone, Positive tone, Cognitive processes, I-words, Authentic and Analytic which are evaluated by the linguistic programme LIWC2022. What’s new: We have assessed the level of nine dimensions and compared the findings with the results of the previous literature and benchmark of professional text. This investigation enabled us to assess the differences between approaches of individual reports from different parts of the world and highlight their differences. Contribution: In our exploration, we have discovered that there are some interesting differences. Based on the analysis, we can state that identified differences depend on the cultural and historical environment in which the companies operate. The highest scores were found in cognitive processes in BARICK, which is a Canadian gold mining company. And in the case of positive emotions. This concerned especially the Chinese company China Shenhua Energy. On the contrary, the lowest scores were found in negative emotions. Nevertheless, here, the differences between the companies were not very important. The authenticity values were both positive and negative, but the companies did not display any great differences in the group of analysed companies. Limitations and further research: We have assessed the full text of letters to shareholders also some other parts of the report can be also interesting and revealing. We assume that the main message of each report is always displayed at the forefront of the text. However, the scores of individual dimensions can be somewhat biased and further, more detailed exploration is needed.
Displayed: 1/11/2024 12:59