Artificial intelligence innovation and corporate environmental investment: A contingent view

Liang Hu and Shishuo Chen

Finance Research Letters, 2024, vol. 69, issue PB

Abstract: Existing research has begun to focus on the negative impacts caused by artificial intelligence (AI), but few studies have examined the influence of AI on corporate environmental activities. This study, using 15,779 observations from 3,097 Chinese listed firms from 2008 to 2022, finds that corporate AI innovation has a significant negative impact on CEI. Additionally, we discover that firm size strengthens the negative relationship between AI innovation and CEI, while foreign direct investment (FDI) intensity weakens this negative relationship. This study extends the research on AI in the field of corporate environmentally friendly behavior.

Keywords: Artificial intelligence; Corporate environmental investment; Organizational information processing theory (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324012911

DOI: 10.1016/j.frl.2024.106262

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