H2020Индивидуална стипендия2020–2022

PLanTra · Plain language for financial content: Assessing the impact of training on students' revisions and readers' comprehension

„Хоризонт 2020“ — Действия „Мария Склодовска-Кюри“

Период
2020-08-01 → 2022-07-31
Финансиране от ЕС
166 320 €
Участници
1
Схема
MSCA-IF

Линиите свързват координатора с партньорите.

Накратко на български

Обучението на студенти по бизнес в писането на достъпен език се тества чрез опростяване на текстове за корпоративна социална отговорност. Ясната комуникация помага на потребителите да разбират по-добре финансовата информация и да вземат информирани решения за покупките си.

Този кратък обзор е генериран от изкуствен интелект

Кратко обяснение, генерирано от езиков модел по текста на CORDIS. Оригиналът е по-долу.

Резултати накратко

Plain language for financial content: Assessing the impact of training on students' revisions and readers' comprehension

The PLanTra project addressed the need for clear financial and business communication. With more and more people reading specialised content in order to make decisions that have a long-lasting impact on their financial wellbeing, the importance of plain language cannot be overestimated. Training current and future writers of financial and business documents in the use of plain language is therefore key to ensure that communications are delivered clearly and effectively to the lay audience. This fellowship focused on content about corporate social responsibility, namely the extent to which companies invest in the working conditions of their employees, the environment, and society. As more and more customers prefer to buy products from socially responsible companies, information about corporate social responsibility can influence purchase decisions. However, there is empirical evidence that such information is rather difficult to read. Against this background, we developed plain language training specifically tailored to corporate content on social responsibility, and we tested its impact on: (i) the process by which business students simplify texts; and (ii) the characteristics of their texts. We answered the following research questions: • Does plain language training have an impact on how business students simplify financial texts? • Does plain language training have an impact on the resulting comprehensibility of texts? Our results have led to the following conclusions: • The writing processes of university students show similarities with those of more experienced writers; • The majority of second-language university students prefer to rewrite texts from scratch when asked to simplify; • In the text simplification process, it is possible to identify two macro-level phases — a first phase during which students produce most of the content, and a second phase characterised by reading/editing behaviour; • The duration, frequency, and location of writing pauses is linked with readability. • Our plain language training did not influence the way in which second-language university students paused, revised, or looked up sources. However, it helped students with lexical choices and it provided them with stepwise guidance on how to approach the text simplification task. • Our plain language training led students to produce texts that were shorter and syntactically simpler. However, we found no impact on high-level text characteristics (such as cohesion). This might explain why comprehensibility as assessed by lay readers was not higher.

Текст от CORDIS, на английски · Данни: CORDIS, © Европейски съюз

Цел на проекта

With the responsibility for financial decisions shifting from institutions to individuals, the ability to understand financial information (known as ‘financial literacy’) is paramount. Having reduced financial literacy results in higher risk of over-indebtedness, and in reduced ability to manage one’s wealth. Text simplification, involving the use of plain language, is one of the strategies adopted to meet the needs of low-literacy readers. The comprehensibility of financial texts has received attention at the European level. An action plan developed as part of the EU policy on consumer financial services lists opaque terms and conditions among the concerns raised by customers when conducting cross-border shopping. Despite plain language efforts, the comprehensibility of financial content has not been increasing consistently. Scholars have therefore emphasised the need to train business (communication) students in text simplification and provided resources to that end. There is, however, lack of empirical evidence on the benefits (or lack thereof) of plain language training. This project aims to address this research gap by investigating the impact of plain language training on: (i) how financial texts are simplified by business students; and (ii) the resulting comprehensibility of simplified financial texts among lay readers with different levels of financial literacy. To do so, I will conduct two experimental studies. For the first study, focusing on the simplification process, I will use keystroke logging, retrospective interviews, and screen recording. For the second study, dealing with the comprehensibility of financial content, I will use multiple-choice questions. This project can identify simplification-oriented revisions that are implemented by business students and that are beneficial for comprehension of financial content. Ultimately, these findings can guide financial institutions in their efforts to meet the needs of readers with low financial literacy.

Оригинален текст от CORDIS (на английски).

Участници

  • UNIVERSITEIT ANTWERPEN · AntwerpenКоординаторБелгия

Връзки

Данни: CORDIS, © Европейски съюз