FRANCESCO GROSSETTI

I am an Assistant Professor of Accounting Analytics and Data Science at Bocconi University. I graduated in Astrophysics and Space Physics from Università Degli Studi di Milano-Bicocca and obtained a Ph.D. in Applied and Computational Statistics from Politecnico di Milano. I have served as a reviewer for the following journals: Journal of Accounting and Public Policy, Finance Research Letters, Journal of Business, Finance, and Accounting, and Applied Stochastic Models in Business and Industry. I consider myself an active developer of open-source tools.

Beyond research, I enjoy music and photography. I love to watch documentaries and love everything that is sci-fi and tech. In particular, I like to discover new software that is both open-source and useful. Last, space has always been my passion and I try to keep myself up-to-date with the latest news from the outer worlds.

My research employs computational and statistical approaches to gain insights into the behavior of companies and investors' perceptions. Specifically, I use and enhance Natural Language Processing techniques and language models to examine the impact of financial and non-financial disclosures on key financial performance. Additionally, I leverage Deep Learning-based Computer Vision methods to extract visual information from financial disclosures. Furthermore, I investigate the economic implications of Blockchain and other Distributed Ledger Systems, exploring their potential to foster novel research avenues and revolutionize accounting practices. Finally, I work on time-to-event models and their stochastic properties to study the dynamic process that generate the observable accounting information at hand. 

Research Grants

• CIVICA Research Grant. EXECML --- Using Machine Learning to Uncover Subjective Incentives in Executive Compensation, with IE University and Stockholm School of Economics. Total amount: 35,000 € (June 2024 - May 2026).
• CIVICA Faculty Short Visits Program. Optimal Benchmarking for Mutual Fund Performance Evaluation with Natural Language Processing, IE University, Madrid, Spain (March 2024).
• Bocconi Senior Researchers' Grants - Co-P.I. Multi-modal Communication in Corporate Reporting: Combining Words and Images in Corporate Disclosure. 9,000 € (November 2020 - November 2021)
• Bocconi Junior Researchers' Grants - P.I. edgartools: an Open Source Library to Efficiently Collect Financial Filings from SEC EDGAR Database. 8,000 € (May 2019 - May 2020).