The use and trend of emotional language in the banks’ annual reports: the state of the global financial crisis
| Autor: | Gehan A. Mousa, Elsayed A. H. Elamir |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
banks’ annual reports
Marketing emotion analysis Organizational Behavior and Human Resource Management 050208 finance Index (economics) business.industry media_common.quotation_subject 05 social sciences Financial system 050201 accounting Pollyanna hypothesis lcsh:HG1501-3550 State (polity) Management of Technology and Innovation 0502 economics and business Financial crisis lcsh:Banking Economics global financial crisis business Law Publication Finance media_common |
| Zdroj: | Banks and Bank Systems, Vol 14, Iss 2, Pp 9-23 (2019) |
| ISSN: | 1991-7074 1816-7403 |
| DOI: | 10.21511/bbs.14(2).2019.02 |
| Popis: | This study is of an exploratory nature as it seeks to explore the extent to which the language of emotions in the banks’ annual reports is affected by the global financial crisis (GFC). The language of emotions was analyzed using eight categories (trust, anticipation, sadness, anger, fear, disgust, surprise and joy) in annual reports of 12 listed banks from six countries in the Middle East area (namely, Jordan, Kingdom of Bahrain, United Arab Emirates, Sultanate of Oman, Kuwait, Kingdom of Saudi Arabia) from 2002 to 2017. The final data set consists of 192 bank-year observations. The study time was divided into three periods (pre, during and post GFC). In addition, the study enriches accounting literature by being the first study to test Pollyanna hypothesis using emotion analysis. The results of the study show that the percentage of emotional words in banks’ annual reports (2002–2017) represents almost 22% on average. The trust, anticipation and fear categories were the most affected than other emotional categories during GFC. While the trust category decreased, both the fear and anticipation categories increased. Other findings of the study show that regardless of GFC, emotional words of trust and anticipation categories in banks’ annual reports have dominated the emotional words of the disgust and surprise categories. Therefore, Pollyanna hypothesis is supported. In contrast to the emotional words of the joy category in banks’ annual reports which has not dominated the sadness category. In this case, Pollyanna hypothesis is rejected. |
| Databáze: | OpenAIRE |
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