Speech analysis in financial markets

Journal Article

The ways in which managers communicate information to capital market participants go far beyond financial statements and accounting numbers. Managers communicate economically relevant information both verbally, in documents distributed and available to investors (such as annual reports and SEC filings), and nonverbally, through meetings and conference calls with analysts and investors. We review research on the information contained in nonverbal communication, particularly vocal communication that occurs in organizational contexts. We also explore possible ways in which accounting researchers can draw useful insights from investigating managerial vocal communication. The advances in computerized voice analysis coupled with the increasing availability of audio files containing managerial communication presents promising research opportunities. © 2013 W. J. Mayew and M. Venkatachalam.

Full Text

Duke Authors

Cited Authors

  • Mayew, WJ; Venkatachalam, M

Published Date

  • 2012

Published In

Volume / Issue

  • 7 / 2

Start / End Page

  • 73 - 130

International Standard Serial Number (ISSN)

  • 1554-0642

Digital Object Identifier (DOI)

  • 10.1561/1400000024