人工智能和金融欺诈

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

Pacific-Basin Finance Journal Pub Date : 2025-06-04 DOI:10.1016/j.pacfin.2025.102830

Guanglin Sun , Zhencheng Ling , Yanru Li , Chang Xie

{"title":"人工智能和金融欺诈","authors":"Guanglin Sun , Zhencheng Ling , Yanru Li , Chang Xie","doi":"10.1016/j.pacfin.2025.102830","DOIUrl":null,"url":null,"abstract":"<div><div>Corporate financial fraud significantly undermines stakeholder interests, weakens market resource allocation, and negatively impacts the healthy development of capital markets. This research leverages data from Chinese A-share listed companies (2013−2023), integrating machine learning techniques and text analysis to construct a firm-level artificial intelligence (AI) metric. Results indicate that advancements in AI technology significantly reduce both the likelihood and severity of financial fraud. This mitigating effect is especially pronounced in firms with separated chairman and CEO roles, those audited by non-Big Four firms, and larger enterprises. Mechanism analysis reveals that AI mitigates financial fraud mainly through enhanced information transparency and strengthened internal control systems. This study provides novel insights for policy-making and corporate practice.</div></div>","PeriodicalId":48074,"journal":{"name":"Pacific-Basin Finance Journal","volume":"93 ","pages":"Article 102830"},"PeriodicalIF":4.8000,"publicationDate":"2025-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Artificial intelligence and financial fraud\",\"authors\":\"Guanglin Sun , Zhencheng Ling , Yanru Li , Chang Xie\",\"doi\":\"10.1016/j.pacfin.2025.102830\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Corporate financial fraud significantly undermines stakeholder interests, weakens market resource allocation, and negatively impacts the healthy development of capital markets. This research leverages data from Chinese A-share listed companies (2013−2023), integrating machine learning techniques and text analysis to construct a firm-level artificial intelligence (AI) metric. Results indicate that advancements in AI technology significantly reduce both the likelihood and severity of financial fraud. This mitigating effect is especially pronounced in firms with separated chairman and CEO roles, those audited by non-Big Four firms, and larger enterprises. Mechanism analysis reveals that AI mitigates financial fraud mainly through enhanced information transparency and strengthened internal control systems. This study provides novel insights for policy-making and corporate practice.</div></div>\",\"PeriodicalId\":48074,\"journal\":{\"name\":\"Pacific-Basin Finance Journal\",\"volume\":\"93 \",\"pages\":\"Article 102830\"},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2025-06-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Pacific-Basin Finance Journal\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0927538X25001672\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Pacific-Basin Finance Journal","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0927538X25001672","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 0

摘要

企业财务舞弊严重损害了利益相关者的利益，弱化了市场资源配置，对资本市场的健康发展产生了负面影响。本研究利用中国a股上市公司（2013 - 2023）的数据，整合机器学习技术和文本分析来构建公司层面的人工智能（AI）指标。结果表明，人工智能技术的进步显著降低了金融欺诈的可能性和严重程度。这种缓解效应在董事长和首席执行官职位分开的公司、由非四大会计师事务所审计的公司和更大的企业中尤为明显。机制分析表明，人工智能主要通过提高信息透明度和加强内部控制制度来减轻财务欺诈。本研究为政策制定和企业实践提供了新的见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Artificial intelligence and financial fraud

Corporate financial fraud significantly undermines stakeholder interests, weakens market resource allocation, and negatively impacts the healthy development of capital markets. This research leverages data from Chinese A-share listed companies (2013−2023), integrating machine learning techniques and text analysis to construct a firm-level artificial intelligence (AI) metric. Results indicate that advancements in AI technology significantly reduce both the likelihood and severity of financial fraud. This mitigating effect is especially pronounced in firms with separated chairman and CEO roles, those audited by non-Big Four firms, and larger enterprises. Mechanism analysis reveals that AI mitigates financial fraud mainly through enhanced information transparency and strengthened internal control systems. This study provides novel insights for policy-making and corporate practice.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Pacific-Basin Finance Journal BUSINESS, FINANCE-

CiteScore

6.80

自引率

6.50%

发文量

157

期刊介绍： The Pacific-Basin Finance Journal is aimed at providing a specialized forum for the publication of academic research on capital markets of the Asia-Pacific countries. Primary emphasis will be placed on the highest quality empirical and theoretical research in the following areas: • Market Micro-structure; • Investment and Portfolio Management; • Theories of Market Equilibrium; • Valuation of Financial and Real Assets; • Behavior of Asset Prices in Financial Sectors; • Normative Theory of Financial Management; • Capital Markets of Development; • Market Mechanisms.