A New Chinese Financial Sentiment Dictionary for Textual Analysis in Accounting and Finance

Using a multi-stage filtering procedure based on both algorithms and human judgement, we develop a Chinese Financial Sentiment Dictionary (CFSD) with the hope to help advance textual analysis of Chinese documents in accounting and finance. There are 1,489 negative words and 1,108 positive words in the CFSD. We translate all 2,597 words into English. We also briefly discuss two unique settings in which researchers can investigate some important and interesting research questions that are rarely studied due to lack of data