Artificial intelligence and corporate governance: A review of recent literature

Abstract

This literature review examines the impact of Digitization, in particular Artificial Intelligence (henceforth AI), on corporate governance. Through analysis of recent research, we explore transformations in governance processes, changing organizational structures, ethical and regulatory challenges, as well as implications for future legislation.

The findings highlight the significant opportunities offered by AI to improve efficiency and decision-making, while highlighting the potential risks associated with algorithmic bias, data security and the redefinition of responsibilities. This review concludes on the need for a balanced approach integrating technological, ethical and regulatory considerations to effectively navigate this new corporate governance landscape.