SHS Web Conf.
Volume 106, 2021III International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2021)
|Number of page(s)||7|
|Section||Jurisprudence and Law as a Regulator of the Digital Economy|
|Published online||18 May 2021|
Legal forms and ways of application of artificial intelligence technology in making corporate decisions by the board of directors: problems and prospects
Kutafin Moscow State Law University, Moscow, Russia
* Corresponding author: email@example.com
This study investigates the impact of scientific and technological advances and adaptation of artificial intelligence on corporate governance practices. It applies or can be applied in three dimensions - business, technology, and society. Therefore, to assess the necessity, feasibility, effectiveness, and responsibility of decision-making automation at the Board of Directors (supervisory body of a legal entity) to ensure effective corporate governance, it is necessary to consider all normative regulators in the field of corporate law. Based on an assessment of the potential and limitations of human and machine learning for effective decision-making at the level of the collegial governance body, the Board of Directors, the paper proposes five AI-based governance scenarios, i.e., supportive, augmented, enhanced, autonomous, and autopoietic, that can shape the governance of organizations today, tomorrow, and in the future. It is important to understand the implications of such AI-enabled governance in the areas where the Board is empowered to make certain corporate decisions.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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