The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Artificial Intelligence Ethics Best Practices Model for Financial Decision-Making in Chinese Financial Institutions
Abstract
Chinese financial institutions (CFIs) are increasingly embracing artificial intelligence (AI) for their financial decision-making driven by AI's capacity to mitigate risks and enhance efficiency and accuracy. However, there remain ethical challenges related to the integration of AI in financial decision-making. This study develops the AI ethics best practices model (AB-PraM) to mitigate ethical concerns and enhance the application of AI in financial decision-making. By employing a quantitative methodology, this research collected questionnaire data from 320 financial experts in CFIs. Structural equation modelling (SEM) was adopted to identify AI ethics best practices for the implementation of the AB-PraM. The findings of this research will mitigate AI ethics challenges in CFIs and provide a practical framework for transparent and accountable decision-making in alignment with ethical standards and regulations.
Related Content
|
Tianlong Wang, Chaoyang Wang, Zhiqiang Liu, Shuai Ma, Huibo Yan.
© 2024.
15 pages.
|
|
Xudong Cao, Chenchen Chen, Lejia Zhang, Li Pan.
© 2024.
25 pages.
|
|
Shengfeng Xie, Jingwei Li.
© 2024.
20 pages.
|
|
Xiaoyuan Wang, Hongfei Wang, Jianping Wang, Jiajia Wang.
© 2024.
24 pages.
|
|
Jiao Hao, Zongbao Zhang, Yihan Ping.
© 2024.
14 pages.
|
|
Qinmei Wang.
© 2024.
13 pages.
|
|
Wenzhen Mai, Mohamud Saeed Ambashe, Chukwuka Christian Ohueri.
© 2024.
18 pages.
|
|
|