Exploring the Role of AI in Corporate Governance: Leveraging Potential for Productivity, Efficiency, and Competitive Advantage
DOI:
https://doi.org/10.56830/IJGMBS12202301Keywords:
Artificial intelligence, corporate governance, technology, digital transformation.Abstract
The role of AI in corporate governance is crucial, as companies seek to leverage their potential to increase productivity and efficiency, and AI is increasingly being used to automate processes, provide insights, and improve decision-making, thereby enabling companies to gain a competitive advantage. The importance of this research lies in highlighting the role of AI in corporate governance, analyzing the impact of this role in enterprise business development based on application to corporate governance systems, as well as identifying the basic needs of governance-based companies to make the most of AI operations. Corporate governance is one of the key tools to counter the effects of recent economic changes, the global financial crisis, and the structural deficiencies of many companies, due to sound corporate oversight and oversight, as well as to sound corporate governance practices. expertise and skills, as well as dysfunctional financing structures the inability to generate sufficient internal cash flows to meet their accrued liabilities, and a lack of transparency.
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