Emerging Use of AI and Its Relationship to Corporate Finance and Governance
Abstract
Artificial intelligence (AI) use has become a major emerging trend in corporate finance and governance. AI is used for a variety of business tasks, such as assessing credit risk, document analysis, corporate default forecasting, and detecting fraud. This study first provides an overview of the development of AI applications related to financial reporting and corporate governance and then examines the financial performance of firms rated highly for their use of AI. AI applications can improve risk management, auditing processes, financial distress, fraud detection, and board performance. The findings can help directors, managers, financial personnel, and others interested in AI.
Fields of Study & Subjects
Financial Distress and Bankruptcy Prediction
FinTech
Crowdfunding
Digital Finance
Auditing
Earnings Management
Governance
Publication details
- Journal / source
- Journal of risk and financial management
- Publisher
- MDPI AG
- Volume
- 19
- Issue
- 1
- Pages
- 52–52
- Publication date
- 8 January 2026
- Language
- EN