This chapter examines the emerging role of AI in transforming corporate governance within the Middle East. It highlights AI's contributions to enhancing decision-making in the boardroom through real-time data analysis, improving risk management with predictive analytics, and ensuring regulatory compliance via automated monitoring systems. The chapter addresses crucial ethical issues such as data privacy, algorithmic bias, and accountability in AI-driven decisions, underscoring the importance of ethical frameworks and guidelines for responsible AI use. It emphasizes AI's potential to make corporate governance more transparent, efficient, and accountable across the region. However, it also stresses the necessity for ongoing education, ethical oversight, and regulatory updates to maximize AI's benefits in governance while addressing its challenges. This chapter aims to provide a nuanced understanding of AI's impact on corporate governance in the Middle East, balancing its advantages with the need for ethical and regulatory safeguards.

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AI in Corporate Governance: Perspectives from the MENA

  • Nehme Azoury,
  • Cynthia El Hajj

摘要

This chapter examines the emerging role of AI in transforming corporate governance within the Middle East. It highlights AI's contributions to enhancing decision-making in the boardroom through real-time data analysis, improving risk management with predictive analytics, and ensuring regulatory compliance via automated monitoring systems. The chapter addresses crucial ethical issues such as data privacy, algorithmic bias, and accountability in AI-driven decisions, underscoring the importance of ethical frameworks and guidelines for responsible AI use. It emphasizes AI's potential to make corporate governance more transparent, efficient, and accountable across the region. However, it also stresses the necessity for ongoing education, ethical oversight, and regulatory updates to maximize AI's benefits in governance while addressing its challenges. This chapter aims to provide a nuanced understanding of AI's impact on corporate governance in the Middle East, balancing its advantages with the need for ethical and regulatory safeguards.