摘要
“智能+”时代,人工智能赋能公司治理升级和资本市场监管改革的新动能。本文以2011~2021年中国沪深A股上市公司为研究样本,从财务重述视角考察人工智能应用的公司治理作用。研究发现,人工智能应用能够显著抑制公司财务重述行为。作用机制检验表明,人工智能技术赋能的财务重述治理作用主要是通过强化内部控制有效性和市场信息促进效应而实现,并且财务重述行为的人工智能监管效用在代理问题较严重的公司中更显著。从人工智能赋能的外部支撑条件来看,良好的金融科技发展有助于人工智能对财务重述治理作用的发挥;最后基于地区异质性检验,人工智能应用对财务重述的治理作用在东部地区的企业中更显著。本文从财务重述视角拓展了人工智能技术进步的公司治理研究范式,并从智能化治理视角为企业财务重述行为的有效监管提供了新证据,对结合人工智能技术来有效完善公司会计信息质量和保护投资者利益具有重要意义。
In the“Intelligence+”era,Artificial Intelligence(AI)empowers new momentum for the corporate governance upgrading and capital market regulatory reform.Taking Chinese A-share listed firms from 2011 to 2021 as our samples,this paper investigates the corporate governance role of AI applications from the perspective of financial restatement.The empirical result shows that AI applications can significantly inhibit corporate financial restatement behavior.The mechanism test shows that governance effect of AI on financial restatement is mainly achieved by strengthening the effectiveness of internal control and the promotion effect of market information.Moreover,the governance effect of AI applications is more pronounced in companies with more serious agency problems.From the perspective of the external support conditions of AI empowerment,good fintech development is conducive to the effective governance role of AI on financial restatement.Finally,from the regional differences,the corporate governance role of AI applications on financial restatement is more significant for firms located in eastern region.This paper expands the corporate governance research paradigm of AI technology advancement from the perspective of financial restatement,and provides new evidence for the effective supervision of corporate financial restatement behavior from the perspective of intelligent governance,which is of great significance for effectively improving the quality of firms accounting information and protecting the interests of investors by combining AI technology.
作者
耀友福
何相亿
Yao Youfu;He Xiangyi(School of Accountancy,Guizhou University of Finance and Economics,Guiyang 550025,China)
出处
《工业技术经济》
CSSCI
北大核心
2023年第3期125-134,共10页
Journal of Industrial Technological Economics
基金
国家自然科学基金项目“人工智能技术进步冲击下审计风险应对与审计质量”(项目编号:72162003)
贵州财经大学2022年度在校学生科研项目“人工智能应用的公司治理作用:基于研发粉饰行为视角”(项目编号:2022ZXSY065)。
关键词
人工智能
财务重述
内部控制治理
市场信息促进效应
代理问题
金融科技
artificial intelligence
financial restatement
internal control governance
promotion effect of market information
agency problems
fintech
