Brian J. Bolton (University of Louisiana at Lafayette) & Jung Park (ISG Paris) have posted Artificial Intelligence, Human Intelligence and Corporate Governance on SSRN. Here is the abstract:
The integration of Artificial Intelligence (AI) into corporate governance has begun to redefine how organizations operate and make strategic decisions. This study explores this integration of AI into corporate governance using a unique approach: more than 30 corporate governance experts were surveyed to obtain their diverse, expert perspectives on this issue.
These corporate governance experts approached the future of AI and corporate governance from four distinct perspectives: cultural dimensions, venture governance, family firm governance and social impact governance. Despite working on vastly different research agendas, several common themes emerged from these contributors. Boards and executives are increasingly using AI tools for analytics, predictive modeling, and risk management, creating opportunities to enhance decision-making and transparency. However, this technological shift brings new challenges, including algorithmic bias, data privacy concerns, and ethical accountability. Corporate governance has always been a uniquely human function, whether that entails making decisions in the board room, creating governance systems and policies or debating shareholder proposals. Will AI allow these humans to serve their governance functions more efficiently and effectively or will it interfere with the rational, context-based decision-making that only humans provide? This paper studies the role of AI in corporate governance, focusing on the intersection of human beings exercising their human intelligence and technology-enhanced artificial intelligence and how AI can both enhance corporate governance and potentially compromise corporate governance.