Enhancing Corporate Governance with AI: Smarter Decisions and Financial Performance Forecasting
Enhancing Corporate Governance with AI: Smarter Decisions and Financial Performance Forecasting
Author(s): Sonila Nikolla, Greta Angjeli
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Corporate governance; Artificial intelligence; Decision-making; Good governance.
Summary/Abstract: This paper explores the integration of artificial intelligence (AI) in corporate governance, focusing on how AI-driven corporate finance can enhance decision-making ethics and transparency. It delves into the potential of machine learning and process automation to streamline financial reporting, improving accuracy and efficiency. The use of AI in developing predictive models for financial performance is also examined, showcasing its role in informed strategic planning. By leveraging AI technologies, corporations can achieve better governance practices, promoting ethical standards and transparency in their operations. This study highlights the critical role of AI in transforming corporate governance through improved financial oversight and decision-making processes.
Book: ERAZ 2024 / 10 - Knowledge-Based Sustainable Development – CONFERENCE PROCEEDINGS
- Page Range: 297-304
- Page Count: 8
- Publication Year: 2024
- Language: English
- Content File-PDF
