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How tech can help improve corporate governance, strengthen leadership

Companies and boards face a complex regulatory environment. AI can assist them by monitoring regulations and ensuring accurate financial reporting

corporate governance, artificial intelligence, leadership, financial fraud
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AI for corporate governance may bring related challenges though. Researchers at Stanford University recently published a paper called ‘The Artificially Intelligent Boardroom’ | Representative Picture

Pranjal Sharma

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Companies, old and new, continue to see startling failures of corporate governance. Storied brands and star startups have crashed recently owing to poor governance and financial fraud. 
 
As questions are raised about the role of regulators, investors and board oversight, it appears that systems and processes fail to generate alerts about potential breach of governance norms. It may be time for business leaders to assess if technology can help improve governance. At a time when managing investments and finance is becoming increasingly complex, artificial intelligence (AI) has the ability to predict fraud and suspicious transactions. From investor relationship to transparent
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