AI and the Board Within Italian Corporate Law: Preliminary Notes
Abstract
Artificial Intelligence (hereafter: AI) is transforming our everyday life in many important respects. The corporate realm is no exception. Many corporations cannot avoid facing the variety of issues raised by the increasing importance that AI plays within firms. Can an AIbased system be appointed as a board member? Can boards delegate specific tasks to AI-based systems? What are the implications and consequences of AI-involvement when designing the corporate structure? How does the choice to resort to, or to depart from the suggestions of an AI-based system expose, eliminate, or alleviate directorial liability? After a general discussion of AI and its projected use in the corporate context, this article aims to address, in a preliminary fashion, these basic questions within the framework of Italian corporate law. Artificial Intelligence, AI, Corporate Governance, Board of Directors, Blockchain, FinTech, RegTech, Business Judgment Rule, Director´s Liability
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The use of AI would tackle problems such as 'choice overload' or 'analysis paralysis', where the excess of available information is overwhelming due to a large number of potential outcomes and the inherent risks and directors cannot give a swift response.
“The use of AI would tackle problems such as 'choice overload' 97 or 'analysis paralysis', 98 where the excess of available information is overwhelming due to a large number of potential outcomes and the inherent risks and directors cannot give a swift response.99”
From Artificial Intelligence and Sustainable Decisions (2023) · cites this paper as [99]
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“40 Abriani and Schneider (2021), p 197 ff. 41 Mosco (2020), pp 89 and 91–92.”
CORPORATE GOVERNANCE AND GENDER DIVERSITY IN THE AGE OF AI
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- Authors
- Domenico Mosco, G.
- Venue
- European Company Law
- Publisher
- Kluwer Law International BV
- Published
- 2020-06-01
- Volume
- 17
- Issue
- Issue 3
- Pages
- 87-96
- ISSN
- 1572-4999 (ISSN-L)
- OpenAlex
- W4250731548
- Cited by
- 12
- References
- 0
- Citations by year
- 2026: 3 · 2025: 2 · 2023: 4 · 2022: 2 · 2021: 1
- FWCI
- 1.87
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- European Company Law (publishedVersion)
- IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli) (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Governance and Law
- Social Sciences › Law › Digitalization, Law, and Regulation
- Social Sciences › Political Science and International Relations › Literary and Philosophical Studies
- Keywords
- artificial intelligence, corporate governance, board of directors, directors' liability, business judgment rule, Italian company law, blockchain, fintech, regulatory technology
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