TECHNOLOGY-DRIVEN CORPORATE GOVERNANCE IN INDIA: INTEGRATING AI, BLOCKCHAIN, AND ETHICAL DECISION-MAKING
DOI:
https://doi.org/10.69980/e99ab352Keywords:
AI governance, blockchain accountability, digital ethics, corporate transparency, algorithmic decision-making, corporate governance effectiveness, EL Classification: G34, K22, M14, O33Abstract
The field of corporate governance is developing fast due to the introduction of digital technologies, including Artificial Intelligence (AI) and blockchain. The tools are changing how firms are dealing with transparency, accountability and ethical behaviour. AI helps make informed decisions based on the analysis of vast datasets and predicting the risks, whereas blockchain guarantees data security and integrity and safe financial reporting. Nonetheless, there is an increased threat to privacy, algorithmic bias, and the loss of control in human hands due to the increased reliance on technology. These developments in India where governance has been led by the Companies Act (2013) and the SEBI (LODR) Regulations (2015) require remodelling of the current frameworks in accordance with the technological improvements.
This paper considers the role of AI and blockchain in enhancing ethical and transparent corporate governance. Based on a qualitative and exploratory research design, the study relies on scholarly articles, reports by the institutions, and regulatory documents to determine new trends in digital transformation and governance ethics. The results indicate that technology has been found to improve levels of efficiency and accountability, but it also poses threats that require high rates of regulatory adherence. The article suggests a model called Human-AI Co-Governance that combines human judgment and technological intelligence where an innovation is used to enhance integrity, transparency, and sustainable corporate functioning.
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