The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to … requirement are objective, and its compliance is easily verifiable; readability, however, is subjective and difficult to enforce … firms. We use text-as-data techniques to construct measures of disclosure and readability and show that firms increased the …

With the introduction of short-form disclosure documents, financial regulation in the EU emphasizes the use of plain … improve the readability of mandatory product information addressed to mutual fund investors. Applying advanced text mining … algorithms, we benchmark the readability of product information by means of objective and readily replicable methods. While …

The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to … requirement are objective, and its compliance is easily verifiable; readability, however, is subjective and difficult to enforce … firms. We use text-as-data techniques to construct measures of disclosure and readability and show that firms increased the …