重庆科技大学学报（社会科学版）Issue(2)：21-37,17.DOI:10.19406/j.issn.2097-4523.2026.02.002
人工智能技术应用与企业债务违约风险
The Application of Artificial Intelligence Technology and Corporate Debt Default Risk
摘要
Abstract
As a powerful engine that fosters new productive forces in enterprises,whether artificial intelligence's data analysis and intelligent decision-making capabilities can be effectively embedded into the enterprise risk governance system to prevent and resolve debt default risks has become an important proposition to be urgently tested in the era of the digital economy.Using a sample of Chinese A-share non-financial listed firms from 2016 to 2023,this study measures AI application and empirically examines its impact on debt default risk and relevant mechanism.The results show that AI application significantly lowers corporate debt default risk,and the finding remains robust to instrumental variable estimation,propensity score matching,and alternative model specifications.Mechanism analysis indicates that AI technology primarily exerts its influence through two pathways:first,accurately identifying investment opportunities and risks via big data analysis,thereby restraining inefficient investment to alleviate agency problems and cash flow pressure;second,enhancing enterprises'dynamic capabilities to strengthen risk response resilience by reinforcing environmental perception and resource reconfiguration.Heterogeneity analysis indicates that the risk-reducing effect is stronger among firms with weaker managerial ability,those with executives having overseas or political ties,and those in regions with poorer business environments and intellectual property protection.This study expands the research boundary of the economic consequences of AI technology from the perspective of risk governance,reveals the dual-path mechanism through which digital technology affects corporate debt risk,and provides targeted decision-making references for enterprises'digital transformation strategies and governments'differentiated policy design.关键词
企业债务违约风险/人工智能技术/新质生产力Key words
corporate debt default risk/artificial intelligence technology/New Quality Productive Forces分类
管理科学引用本文复制引用
邵亚晖,盛明泉..人工智能技术应用与企业债务违约风险[J].重庆科技大学学报（社会科学版）,2026,(2):21-37,17.基金项目
安徽省高校科研计划重大项目"人才配置失衡矫正、创新突破与新质生产力形成和发展"(2024AH040265). （2024AH040265）
