Impact of Digital Transformation on Corporate Governance
摘要
This chapter presents the transformative impact of digitalisation on corporate governance, explaining how emerging technologies such as artificial intelligence (AI), blockchain, big data analytics, digital finance, and cybersecurity innovations. These technologies are reshaping governance frameworks, decision-making, and regulatory compliance. It covers the shift from traditional, hierarchical oversight systems to agile, data-driven, and automated governance models that enhance transparency, accountability, and stakeholder engagement. The chapter discusses the strategic benefits of digital governance, including real-time compliance monitoring, fraud detection, predictive risk assessment, and ESG reporting, alongside innovations such as blockchain-based shareholder voting and smart contracts. It also addresses critical challenges, including AI ethics, algorithmic bias, data privacy, cybersecurity threats, regulatory fragmentation, and resistance to digital adoption. The evolving regulatory landscape is featuring the EU AI Act, OECD AI Principles, and UN AI Governance Framework is discussed in the context of ensuring ethical and responsible technology use. Ultimately, the chapter emphasises that sustainable and competitive corporate governance in the digital era requires adaptive frameworks that integrate technological innovation with ethical oversight, regulatory alignment, and trust-building strategies.