Before revision:  Preliminary findings suggest that the companies' awareness towards corona-related business risks is ahead of the overall stock market developments by weeks. The risk reports differ substantially between industries , both in magnitude and in nature .  Based on natural language processing techniques, we can identify corona-related risk topics and their perceived relevance for different industries.
After revision:  Preliminary findings suggest that the companies' awareness towards corona-related business risks is ahead of the overall stock market developments . Based on natural language processing techniques, we can identify corona-related risk topics and their perceived relevance for different industries.