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Digital Transformation And Its Implications For Corporate Governance Structures: The Role Of Emerging Technologies In Reshaping Corporate Governance Frameworks


Archana B Kumar, LLM (Corporate and Commercial Law), Christ (Deemed To Be University) Bangalore


ABSTRACT


Digitalization automatically alters corporate governance practice with unexpected threats and opportunities facing all types of businesses. With digital tools increasingly embedded in practice, governance structures need to adapt too and be no less efficient, responsive, and versatile in the digital space as they were previously. The following essay gives an overview of the corporate governance revolution during the era of digitalization, i.e., what contribution artificial intelligence (AI) makes towards reinforcing the decision-making processes of the corporate sector. Through a study of contemporary governance trends, technology trends, and empirical case research, this delineate how AI-based systems of governance can encourage efficiency, transparency, and conformity. AI-aided analytics, predictive analytics, and automation are transforming classical systems of governance by enabling data-driven decision-making, circumvention of human bias, and strengthened oversight functions. Secondly, we cover the ethical, regulatory, and cyber security dimensions of AI use in government and refer to the need for organizations to implement responsible AI strategy in order to counter threats.


This piece also outlines how digitalization will reshape boardroom dynamics, leadership, and stakeholder relationship. As emerging technologies such as AI keep advancing, business leaders will have to rethink governance frameworks to facilitate innovation while ensuring accountability and regulatory compliance. With AI-powered governance models, companies can enhance corporate resilience, optimize risk management, and ensure long-term sustainability.


In general, this study provides valuable insights on where digital transformation meets corporate governance and provides strategic recommendations to organizations eager to tap the potential of AI in governance as they come to appreciate the complexities of a rapidly evolving digital age.


Keywords: Corporate Governance, Artificial Intelligence, Technology, Innovation, Cyber Security, Innovation



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Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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