Artificial Intelligence in Compliance and Corporate Governance - Risk or Opportunity

The exploitation of artificial intelligence (AI) seems to be limitless and has therefore increasingly become a top trend topic in research and practice. This article deals with AI in the field of compliance and corporate governance. Since the topic of AI and compliance has hardly been addressed in the literature to date, the authors approach the subject by examining AI and corporate governance, another sensitive business management topic. Using the Gioia methodology, this article analyzes the current state of AI in corporate governance literature. While the possibilities and advantages of AI are often highlighted, there are also a number of open questions, risks associated with AI and, consequently, essential conditions that must be met for the successful use of AI. The results indicate that the risks and concerns of AI applications currently appear to predominate, which is why it must be the task of research and practice to find ways to address the doubts to exploit the full potential of AI also in sensitive business areas such as corporate governance.