Abstract:This paper addresses the deduplication of multilingual textual data using advanced NLP tools. We compare a two-step method involving translation to English followed by embedding with mpnet, and a multilingual embedding model (distiluse). The two-step approach achieved a higher F1 score (82% vs. 60%), particularly with less widely used languages, which can be increased up to 89% by leveraging expert rules based on domain knowledge. We also highlight limitations related to token length constraints and computational efficiency. Our methodology suggests improvements for future multilingual deduplication tasks.
Abstract:In the context of the ACM KDF-SIGIR 2023 competition, we undertook an entity relation task on a dataset of financial entity relations called REFind. Our top-performing solution involved a multi-step approach. Initially, we inserted the provided entities at their corresponding locations within the text. Subsequently, we fine-tuned the transformer-based language model roberta-large for text classification by utilizing a labeled training set to predict the entity relations. Lastly, we implemented a post-processing phase to identify and handle improbable predictions generated by the model. As a result of our methodology, we achieved the 1st place ranking on the competition's public leaderboard.
Abstract:This paper introduces supervised machine learning to the literature measuring corporate culture from text documents. We compile a unique data set of employee reviews that were labeled by human evaluators with respect to the information the reviews reveal about the firms' corporate culture. Using this data set, we fine-tune state-of-the-art transformer-based language models to perform the same classification task. In out-of-sample predictions, our language models classify 16 to 28 percent points more of employee reviews in line with human evaluators than traditional approaches of text classification.
Abstract:To answer this question, we fine-tune transformer-based language models, including BERT, on different sources of company-related text data for a classification task to predict the one-year stock price performance. We use three different types of text data: News articles, blogs, and annual reports. This allows us to analyze to what extent the performance of language models is dependent on the type of the underlying document. StonkBERT, our transformer-based stock performance classifier, shows substantial improvement in predictive accuracy compared to traditional language models. The highest performance was achieved with news articles as text source. Performance simulations indicate that these improvements in classification accuracy also translate into above-average stock market returns.