LMMasterDictionary {edgar}R Documentation

Loughran and McDonald Sentiment Master Dictionary


The data contains sentiments word lists.


The sentiment categories are: negative, positive, uncertainty, litigious, modal, and Harvard IV. Modal words are flagged as 1, 2 or 3, with 1 = Strong Modal, 2 = Moderate Modal, and 3 = Weak Modal.


Website: https://sraf.nd.edu/loughranmcdonald-master-dictionary/


Tim Loughran and Bill McDonald, 2011, When is a Liability not a Liability? Textual Analysis, Dictionaries, and 10-Ks, Journal of Finance, 66:1, 35-65.

Andriy Bodnaruk, Tim Loughran and Bill McDonald, 2015, Using 10-K Text to Gauge Financial Constraints, Journal of Financial and Quantitative Analysis, 50:4, 1-24.

Tim Loughran and Bill McDonald, 2016, Textual Analysis in Accounting and Finance: A Survey, Journal of Accounting Research, 54:4,1187-1230.

[Package edgar version 2.0.5 Index]