Year: 2025
Type: article
Abstract: Artificial intelligence (AI) is reshaping corporate disclosure practices, offering new efficiencies while raising regulatory, governance, and ethical challenges. We examine AI's impact on disclosure through three lenses: practitioner insights from investor relations (IR), legal and regulatory developments, and academic research on capital markets. Drawing on a survey of IR professionals, we document cautious AI adoption, concentrated in low-risk tasks such as summarization and administrative support, alongside concerns over selective disclosure, bias, and information governance. We review emerging literature on AI's influence on disclosure quality, internal controls, and the role of analysts and regulators. Our findings imply that while AI can enhance disclosure quality and efficiency, there remains a substantial role for governance that mitigates legal, regulatory, and informational risks.
Source: Accounting Horizons
Authors: Marcus Kirk, Peter Molk, Evan Pondel
Institutions: University of Florida, University of Southern California
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4416322695