Visualization of the Business Model Concept from the View of Investors

In recent years, the business model concept has been gaining attention in the finance sector. In 2013, the disclosure of business model information as non-financial information became mandatory in the UK market. Following this, disclosure of business model information has been recommended in E...

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Main Authors: Weijian LIU, Takayuki SAKAI
Format: Article
Language:Japanese
Published: The Academic Association for Organizational Science 2022-09-01
Series:AAOS Transactions
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/aaostrans/11/1/11_222/_pdf/-char/ja
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author Weijian LIU
Takayuki SAKAI
author_facet Weijian LIU
Takayuki SAKAI
author_sort Weijian LIU
collection DOAJ
description In recent years, the business model concept has been gaining attention in the finance sector. In 2013, the disclosure of business model information as non-financial information became mandatory in the UK market. Following this, disclosure of business model information has been recommended in Europe. The concept “Business model” has become an important concept in management studies and has received a lot of attention in the business world.In this study, we investigate how investors perceive business models. Specifically, we use KH coder to analyze transcriptions from a quantitative perspective to visualize the overall picture of business model concepts as perceived by investors and to explore the multifaceted nature of how they are perceived.As the result, we found that the important keywords of business models that are common to different positions and the interconnectedness of concepts related to business models differ depending on the position. For institutional investors, a business model is a tool used to predict and foresee the future, unlike quantitative financial information that shows past performance. It was also suggested that it is necessary to consider the aspect of value creation and the aspect of value acquisition together.
format Article
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institution OA Journals
issn 2758-2795
language Japanese
publishDate 2022-09-01
publisher The Academic Association for Organizational Science
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spelling doaj-art-32018b76bcd54a5188d67710192d52152025-08-20T01:58:12ZjpnThe Academic Association for Organizational ScienceAAOS Transactions2758-27952022-09-01111222227https://doi.org/10.11207/aaostrans.11.1_222Visualization of the Business Model Concept from the View of InvestorsWeijian LIU0Takayuki SAKAI1Waseda UniversityWaseda UniversityIn recent years, the business model concept has been gaining attention in the finance sector. In 2013, the disclosure of business model information as non-financial information became mandatory in the UK market. Following this, disclosure of business model information has been recommended in Europe. The concept “Business model” has become an important concept in management studies and has received a lot of attention in the business world.In this study, we investigate how investors perceive business models. Specifically, we use KH coder to analyze transcriptions from a quantitative perspective to visualize the overall picture of business model concepts as perceived by investors and to explore the multifaceted nature of how they are perceived.As the result, we found that the important keywords of business models that are common to different positions and the interconnectedness of concepts related to business models differ depending on the position. For institutional investors, a business model is a tool used to predict and foresee the future, unlike quantitative financial information that shows past performance. It was also suggested that it is necessary to consider the aspect of value creation and the aspect of value acquisition together.https://www.jstage.jst.go.jp/article/aaostrans/11/1/11_222/_pdf/-char/jabusiness modelinvestortext miningquantitative text analysis
spellingShingle Weijian LIU
Takayuki SAKAI
Visualization of the Business Model Concept from the View of Investors
AAOS Transactions
business model
investor
text mining
quantitative text analysis
title Visualization of the Business Model Concept from the View of Investors
title_full Visualization of the Business Model Concept from the View of Investors
title_fullStr Visualization of the Business Model Concept from the View of Investors
title_full_unstemmed Visualization of the Business Model Concept from the View of Investors
title_short Visualization of the Business Model Concept from the View of Investors
title_sort visualization of the business model concept from the view of investors
topic business model
investor
text mining
quantitative text analysis
url https://www.jstage.jst.go.jp/article/aaostrans/11/1/11_222/_pdf/-char/ja
work_keys_str_mv AT weijianliu visualizationofthebusinessmodelconceptfromtheviewofinvestors
AT takayukisakai visualizationofthebusinessmodelconceptfromtheviewofinvestors