Summary

In this section, we learned that technology, particularly digital platforms and analytics, plays a transformative role in corporate governance. These tools enable companies to enhance communication, streamline processes, and make data-driven decisions, thereby improving transparency, accountability, and overall governance effectiveness. However, it is essential for companies to address the associated challenges, including data privacy, ethical considerations, and resource allocation, to fully leverage the benefits of technology in governance.

For management learners, understanding the role of technology in corporate governance is crucial. As future leaders, they will need to navigate the rapidly evolving technological landscape and leverage digital tools to enhance governance practices. By embracing technology, companies can not only improve their governance frameworks but also build a foundation for sustainable growth and long-term success.


Last modified: Friday, 18 October 2024, 4:38 PM