Evaluation of Universities' Integrated Reports Using Text Mining Technique

Abstract

An integrated report summarizes a company's future business development, management vision, management philosophy, policies and strategies for value creation, and their processes, based on information such as their own intellectual assets (intangible assets) and financial data, which make up their strengths. In recent years, Japanese universities have started to publish integrated reports, and they are trying to promote new values that do not depend on the conventional evaluation criteria of universities. This paper evaluates whether the integrated report represents the characteristics of the university using text mining technique. The analysis shows that the integrated reports represent well the characteristics of the universities, especially those related to social contribution, and that the integrated reports can be a useful resource for university evaluation.