Executive Digital Background and Artificial Intelligence Use: A Study Based on Empirical Model

Shengnan Xu; Shijie Yuan

doi:10.54097/3ey00p60

Authors

Shengnan Xu
Shijie Yuan

DOI:

https://doi.org/10.54097/3ey00p60

Keywords:

executives' digital backgrounds, artificial intelligence, digital economy.

Abstract

In the era of digital change, Artificial Intelligence (AI) has become an indispensable tool for enterprises to enhance competitiveness and optimize operations. Executives, as the core of decision-making in enterprises, profoundly impact enterprises' digitalization. This study delves into the intriguing realm of corporate artificial intelligence by examining the impact of executives' digital backgrounds on A-share listed companies in China's Shanghai and Shenzhen stock markets from 2001 to 2021. The findings reveal a significant influence of executives' digital background on the integration of corporate AI, even after thorough endogeneity and robustness tests. Furthermore, the study's heterogeneity analysis highlights how this positive influence is particularly pronounced in eastern and western regions, non-polluting industries, and asset-intensive enterprises. Ultimately, this research provides guidance for advancing AI application in enterprises and driving digital transformation.

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