Artificial Intelligence in Business Research: A Synthesis of Accounting, Finance, and Management

Lin Jiang, Lin-Na Shi, Nan Zhou

Abstract

Artificial intelligence (AI) refers to a set of computational techniques, including machine learning, natural language processing, deep learning, and generative AI, that enable systems to perform tasks traditionally requiring human intelligence, such as prediction, pattern recognition, and decision-making. The rapid diffusion of AI into business organizations is transforming how information is processed, decisions are made, and knowledge-intensive work is performed, creating both new opportunities for economic value and new challenges for human judgment, organizational governance, and accountability. The growing adoption of AI across accounting, finance, and management makes it increasingly important to understand not only what AI can do, but also how and under what conditions it affects individuals, organizations, and markets. This paper provides a comprehensive review of the rapidly growing literature on artificial intelligence across these three disciplines. We synthesize existing research to examine how AI is transforming information processing, decision-making, governance, and organizational performance. In accounting, AI enhances auditing, financial reporting, and fraud detection while raising concerns regarding transparency and professional judgment. In finance, AI improves asset pricing, risk assessment, and trading strategies by leveraging large-scale structured and unstructured data. In management, AI reshapes organizational design, human capital, strategic decision-making, and innovation through increasingly sophisticated human–AI collaboration. Across these disciplines, we organize the literature around several unifying themes, including information asymmetry, automation versus augmentation, decision quality, interpretability, and governance. We further identify important research gaps concerning whether AI’s predictive and analytical advantages translate into meaningful economic and organizational outcomes, how AI reshapes human judgment and skills, the emerging risks, and the need for stronger research designs. By integrating evidence across three major business disciplines, this review provides a unified framework for understanding AI’s transformative role in organizations and offers a roadmap for future interdisciplinary research on the economic, behavioral, organizational, and governance consequences of AI.

Source: semanticscholar · PDF

Read the AI summary, key takeaways and discussion on WOBR Quant Research.