Enhancing corporate governance: A conceptual approach to artificial intelligence usage

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In this exploratory study, we examine the intersection of corporate governance (CG) and artificial intelligence (AI), addressing the essential question: how can AI be utilized to improve ethical and transparent decision-making in the corporate endeavour? Using current research on organizational governance, AI ethics, and data science, our study examines the potential of AI to augment conventional governance mechanisms, as well as the ethical dilemmas and challenges it may present. We propose a conceptual framework based on the principles of separation of ownership and control while considering data ethics, which will be supported and validated in the future by an empirical study.

Keywords: Artificial Intelligence, Corporate Governance, Data Science, Ethical Decision-Making, Organizational Ethics, Transparency

JEL Classification: G34, C81, M15, K22, O33

Received: 24.05.2023
Accepted: 30.05.2023

How to cite: Correia, A., & Água, P. B. (2023). Enhancing corporate governance: A conceptual approach to artificial intelligence usage. In M. Tutino, V. Santolamazza, & A. Kostyuk (Eds.), New outlooks for the scholarly research in corporate governance (pp. 121–127). Virtus Interpress. https://doi.org/10.22495/nosrcgp23