Leite, António NogueiraGerner, Florian Maximilian2025-04-032025-04-032025-01-082024-12-17http://hdl.handle.net/10362/181888This explorative study investigates how AI engagement influences the valuation of German listed companies, measured through Tobin's Q. Panel data from 160 firms across the DAX, MDAX, and SDAX indices (2017–2023) is analyzed using a panel regression model. The results show a negative impact of general AI engagement on Tobin's Q. These findings suggest that while AI adoption is conceptually promising, current implementations fail to deliver anticipated valuation benefits or attract sufficient investor confidence regarding future value creation.engArtificial IntelligenceCompany valuationTobin's QRegression analysesGerman public marketmaster thesis203926200