Author
Jiaqi Bai
0 works0 citations
Recent research
- Society & Economics
When AI narratives shake the market: AI-washing and idiosyncratic stock return volatility in China
This paper examines whether AI-washing destabilizes stock prices. Using 28,107 firm-year observations for Chinese A-share-listed firms from 2010 to 2024, we measure AI-washing as AI narrative intensity unexplained by observable AI investment. Firm- and year-fixed-effects estimate...