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Does symbolic AI-related disclosure influence CEO promotion? Evidence from state-owned enterprises in China

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  • Xin Wang
  • Tingting Zhao
  • Yue Sun
  • Dan Yang

Abstract

This paper considers firms’ artificial intelligence (AI)-related discretionary disclosure to examine whether symbolic communications of AI influences a CEO’s chance of career advancement in Chinese state-owned enterprises (SOEs). We find a positive relationship between symbolic AI disclosure and the possibility of managers getting promoted. Our main finding is more salient when a firm’s achievement of policy goals is more crucial, its financial performance is relatively poor, and a manager has more urgent promotion needs. Results imply that CEOs engage in impression management via managerial discretionary disclosure to strengthen organizational legitimacy and build a favourable impression, which may increase their probability of getting promoted.

Suggested Citation

  • Xin Wang & Tingting Zhao & Yue Sun & Dan Yang, 2025. "Does symbolic AI-related disclosure influence CEO promotion? Evidence from state-owned enterprises in China," Applied Economics, Taylor & Francis Journals, vol. 57(55), pages 9245-9263, November.
  • Handle: RePEc:taf:applec:v:57:y:2025:i:55:p:9245-9263
    DOI: 10.1080/00036846.2024.2412257
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