{"id":"https://openalex.org/W3129816658","doi":"https://doi.org/10.1007/s10479-020-03862-8","title":"Impact of artificial intelligence investment on firm value","display_name":"Impact of artificial intelligence investment on firm value","publication_year":2021,"publication_date":"2021-02-11","ids":{"openalex":"https://openalex.org/W3129816658","doi":"https://doi.org/10.1007/s10479-020-03862-8","mag":"3129816658"},"language":"en","primary_location":{"id":"doi:10.1007/s10479-020-03862-8","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s10479-020-03862-8","pdf_url":null,"source":{"id":"https://openalex.org/S57667410","display_name":"Annals of Operations Research","issn_l":"0254-5330","issn":["0254-5330","1572-9338"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Operations Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5057171687","display_name":"Ariel K.H. Lui","orcid":"https://orcid.org/0000-0002-4353-6302"},"institutions":[{"id":"https://openalex.org/I57093077","display_name":"Swinburne University of Technology","ror":"https://ror.org/031rekg67","country_code":"AU","type":"education","lineage":["https://openalex.org/I57093077"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Ariel K. H. Lui","raw_affiliation_strings":["Department of Business Technology and Entrepreneurship, Swinburne Business School, Swinburne University of Technology, Hawthorn, Australia"],"raw_orcid":"https://orcid.org/0000-0002-4353-6302","affiliations":[{"raw_affiliation_string":"Department of Business Technology and Entrepreneurship, Swinburne Business School, Swinburne University of Technology, Hawthorn, Australia","institution_ids":["https://openalex.org/I57093077"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5057359607","display_name":"Maggie C. M. Lee","orcid":"https://orcid.org/0000-0002-5572-5629"},"institutions":[{"id":"https://openalex.org/I57093077","display_name":"Swinburne University of Technology","ror":"https://ror.org/031rekg67","country_code":"AU","type":"education","lineage":["https://openalex.org/I57093077"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Maggie C. M. Lee","raw_affiliation_strings":["Department of Business Technology and Entrepreneurship, Swinburne Business School, Swinburne University of Technology, Hawthorn, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Technology and Entrepreneurship, Swinburne Business School, Swinburne University of Technology, Hawthorn, Australia","institution_ids":["https://openalex.org/I57093077"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5080121059","display_name":"Eric W.T. Ngai","orcid":"https://orcid.org/0000-0002-7278-7434"},"institutions":[{"id":"https://openalex.org/I14243506","display_name":"Hong Kong Polytechnic University","ror":"https://ror.org/0030zas98","country_code":"HK","type":"education","lineage":["https://openalex.org/I14243506"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Eric W. T. Ngai","raw_affiliation_strings":["Department of Management and Marketing, The Hong Kong Polytechnic University, Hung Hum, Kowloon, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management and Marketing, The Hong Kong Polytechnic University, Hung Hum, Kowloon, Hong Kong","institution_ids":["https://openalex.org/I14243506"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5057171687"],"corresponding_institution_ids":["https://openalex.org/I57093077"],"apc_list":{"value":2990,"currency":"USD","value_usd":2990},"apc_paid":null,"fwci":10.9552,"has_fulltext":false,"cited_by_count":140,"citation_normalized_percentile":{"value":0.98907507,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"308","issue":"1-2","first_page":"373","last_page":"388"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14260","display_name":"Impact of AI and Big Data on Business and Society","score":0.9846000075340271,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14260","display_name":"Impact of AI and Big Data on Business and Society","score":0.9846000075340271,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9574000239372253,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9549000263214111,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shareholder","display_name":"Shareholder","score":0.6104758977890015},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.5818502902984619},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.5163816213607788},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.5161800980567932},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4938998818397522},{"id":"https://openalex.org/keywords/enterprise-value","display_name":"Enterprise value","score":0.4919862449169159},{"id":"https://openalex.org/keywords/investment-decisions","display_name":"Investment decisions","score":0.4720345735549927},{"id":"https://openalex.org/keywords/market-value","display_name":"Market value","score":0.46594464778900146},{"id":"https://openalex.org/keywords/shareholder-value","display_name":"Shareholder value","score":0.44079574942588806},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.40132343769073486},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.34447982907295227},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.32533255219459534},{"id":"https://openalex.org/keywords/behavioral-economics","display_name":"Behavioral economics","score":0.16015669703483582},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"Corporate governance","score":0.0931018590927124},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.07390695810317993}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.6104758977890015},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5818502902984619},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5163816213607788},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5161800980567932},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4938998818397522},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.4919862449169159},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.4720345735549927},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.46594464778900146},{"id":"https://openalex.org/C2779093199","wikidata":"https://www.wikidata.org/wiki/Q338010","display_name":"Shareholder value","level":4,"score":0.44079574942588806},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.40132343769073486},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.34447982907295227},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.32533255219459534},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.16015669703483582},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.0931018590927124},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.07390695810317993},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s10479-020-03862-8","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s10479-020-03862-8","pdf_url":null,"source":{"id":"https://openalex.org/S57667410","display_name":"Annals of Operations Research","issn_l":"0254-5330","issn":["0254-5330","1572-9338"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Operations Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:annopr:v:308:y:2022:i:1:d:10.1007_s10479-020-03862-8","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s10479-020-03862-8","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.4399999976158142}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":57,"referenced_works":["https://openalex.org/W215405250","https://openalex.org/W1487531252","https://openalex.org/W1578561991","https://openalex.org/W1967551259","https://openalex.org/W1968122610","https://openalex.org/W1974643474","https://openalex.org/W1989348426","https://openalex.org/W1993134955","https://openalex.org/W1993289365","https://openalex.org/W2006239267","https://openalex.org/W2007570394","https://openalex.org/W2011525029","https://openalex.org/W2032780414","https://openalex.org/W2033503007","https://openalex.org/W2034549403","https://openalex.org/W2035128633","https://openalex.org/W2045918515","https://openalex.org/W2058875274","https://openalex.org/W2067868909","https://openalex.org/W2070000838","https://openalex.org/W2070959943","https://openalex.org/W2081208077","https://openalex.org/W2098663135","https://openalex.org/W2106234524","https://openalex.org/W2115273186","https://openalex.org/W2117814327","https://openalex.org/W2122224612","https://openalex.org/W2127425111","https://openalex.org/W2134215596","https://openalex.org/W2148925684","https://openalex.org/W2152007396","https://openalex.org/W2155516490","https://openalex.org/W2164691399","https://openalex.org/W2184229782","https://openalex.org/W2296615683","https://openalex.org/W2408679220","https://openalex.org/W2473062438","https://openalex.org/W2582336686","https://openalex.org/W2664267452","https://openalex.org/W2773411043","https://openalex.org/W2791915030","https://openalex.org/W2884984207","https://openalex.org/W2920850157","https://openalex.org/W2921597396","https://openalex.org/W2942873663","https://openalex.org/W2944691132","https://openalex.org/W3004658169","https://openalex.org/W3004699108","https://openalex.org/W3006211286","https://openalex.org/W3015814713","https://openalex.org/W3122779978","https://openalex.org/W3123752509","https://openalex.org/W3124342358","https://openalex.org/W3125388856","https://openalex.org/W3143821997","https://openalex.org/W4233491119","https://openalex.org/W6760602209"],"related_works":["https://openalex.org/W3185235408","https://openalex.org/W2269375621","https://openalex.org/W4382396352","https://openalex.org/W1546237633","https://openalex.org/W2781806782","https://openalex.org/W2350960041","https://openalex.org/W3106273657","https://openalex.org/W3133058827","https://openalex.org/W570181868","https://openalex.org/W2581630173"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":28},{"year":2025,"cited_by_count":43},{"year":2024,"cited_by_count":39},{"year":2023,"cited_by_count":21},{"year":2022,"cited_by_count":9}],"updated_date":"2026-07-29T09:40:50.615796","created_date":"2025-10-10T00:00:00"}