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Artificial intelligence technology, financing constraints, and tourism enterprise value

Author

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  • Wu, Qiuya
  • Wu, Yongjing

Abstract

This paper uses the data of China’s A-share tourism listed companies from 2014 to 2023 to empirically test the impact of artificial intelligence technology on the value of tourism enterprises. The results show that artificial intelligence technology has a positive effect on the value of tourism enterprises. Mechanism research shows that artificial intelligence technology improves the value of tourism enterprises by alleviating financing constraints. The results of heterogeneity analysis show the positive impact of artificial intelligence technology on the value of tourism enterprises is more significant in the eastern region and state-owned tourism enterprises.

Suggested Citation

  • Wu, Qiuya & Wu, Yongjing, 2025. "Artificial intelligence technology, financing constraints, and tourism enterprise value," Finance Research Letters, Elsevier, vol. 86(PF).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pf:s1544612325020719
    DOI: 10.1016/j.frl.2025.108817
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    References listed on IDEAS

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