Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning

This study delves into the intricate interplay between gender stereotypes and financial reporting through an aspect-level sentiment analysis approach. Leveraging Big Data comprising 129,251 human face images extracted from 2085 financial reports in Chile, and employing Deep Learning techniques, we u...

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Main Authors: Fabiola Jeldes-Delgado, Tiago Alves Ferreira, David Diaz, Rodrigo Ortiz
Format: Article
Language:English
Published: Elsevier 2024-10-01
Series:Heliyon
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Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024149468
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author Fabiola Jeldes-Delgado
Tiago Alves Ferreira
David Diaz
Rodrigo Ortiz
author_facet Fabiola Jeldes-Delgado
Tiago Alves Ferreira
David Diaz
Rodrigo Ortiz
author_sort Fabiola Jeldes-Delgado
collection DOAJ
description This study delves into the intricate interplay between gender stereotypes and financial reporting through an aspect-level sentiment analysis approach. Leveraging Big Data comprising 129,251 human face images extracted from 2085 financial reports in Chile, and employing Deep Learning techniques, we uncover the underlying factors influencing the representation of women in financial reports. Our findings reveal that gender stereotypes, combined with external economic factors, significantly shape the portrayal of women in financial reports, overshadowing intentional efforts by companies to influence stakeholder perceptions of financial performance. Notably, economic expansion periods correlate with a decline in women's representation, while economic instability amplifies their portrayal. Furthermore, the financial inclusion of women positively correlates with their presence in financial report images. Our results underscore a bias in image selection within financial reports, diverging from the neutrality principles advocated by the International Accounting Standards Board (IASB). This pioneering study, combining Big Data and Deep Learning, contributes to gender stereotype literature, financial report soft information research, and business impression management research.
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institution OA Journals
issn 2405-8440
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publishDate 2024-10-01
publisher Elsevier
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series Heliyon
spelling doaj-art-7e0c3b83b4f14a929f68d6f343bfa2372025-08-20T02:14:03ZengElsevierHeliyon2405-84402024-10-011020e3891510.1016/j.heliyon.2024.e38915Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learningFabiola Jeldes-Delgado0Tiago Alves Ferreira1David Diaz2Rodrigo Ortiz3Escuela de Negocios Internacionales, Universidad de Valparaíso, Valparaíso, Chile; Centro de Análisis de la Incorporación Social, Valparaíso, ChilePontificia Universidad Católica de Valparaíso–Escuela de Comercio, Chile; Corresponding author.Facultad de Economía y Negocios, Departamento de Administración, Universidad de Chile, Santiago, ChileFacultad de Economía y Negocios, Universidad Alberto Hurtado, Santiago, ChileThis study delves into the intricate interplay between gender stereotypes and financial reporting through an aspect-level sentiment analysis approach. Leveraging Big Data comprising 129,251 human face images extracted from 2085 financial reports in Chile, and employing Deep Learning techniques, we uncover the underlying factors influencing the representation of women in financial reports. Our findings reveal that gender stereotypes, combined with external economic factors, significantly shape the portrayal of women in financial reports, overshadowing intentional efforts by companies to influence stakeholder perceptions of financial performance. Notably, economic expansion periods correlate with a decline in women's representation, while economic instability amplifies their portrayal. Furthermore, the financial inclusion of women positively correlates with their presence in financial report images. Our results underscore a bias in image selection within financial reports, diverging from the neutrality principles advocated by the International Accounting Standards Board (IASB). This pioneering study, combining Big Data and Deep Learning, contributes to gender stereotype literature, financial report soft information research, and business impression management research.http://www.sciencedirect.com/science/article/pii/S2405844024149468Financial reportsGender stereotypesAspect-level sentiment analysisBig dataDeep learningGender inclusion
spellingShingle Fabiola Jeldes-Delgado
Tiago Alves Ferreira
David Diaz
Rodrigo Ortiz
Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
Heliyon
Financial reports
Gender stereotypes
Aspect-level sentiment analysis
Big data
Deep learning
Gender inclusion
title Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
title_full Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
title_fullStr Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
title_full_unstemmed Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
title_short Exploring gender stereotypes in financial reporting: An aspect-level sentiment analysis using big data and deep learning
title_sort exploring gender stereotypes in financial reporting an aspect level sentiment analysis using big data and deep learning
topic Financial reports
Gender stereotypes
Aspect-level sentiment analysis
Big data
Deep learning
Gender inclusion
url http://www.sciencedirect.com/science/article/pii/S2405844024149468
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AT tiagoalvesferreira exploringgenderstereotypesinfinancialreportinganaspectlevelsentimentanalysisusingbigdataanddeeplearning
AT daviddiaz exploringgenderstereotypesinfinancialreportinganaspectlevelsentimentanalysisusingbigdataanddeeplearning
AT rodrigoortiz exploringgenderstereotypesinfinancialreportinganaspectlevelsentimentanalysisusingbigdataanddeeplearning