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2023 Corporate Governance developments

Harvard Corporate Governance

Although there is not one correct approach for overseeing AI risks, boards of companies that rely on AI for material products, services or operations (or relevant committee members) may want to consider receiving training on AI and associated risks, as well as management reports on the company’s use of AI. Rodgin Cohen.

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Next-Gen Governance: AI’s Role in Shareholder Proposals

Harvard Corporate Governance

With AI continuing to captivate businesses, consumers and regulators, institutional investors are also increasingly focusing their attention on the implications for the businesses in which they invest. This post is based on their FTI memorandum. more…)

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AI and the Role of the Board of Directors

Harvard Corporate Governance

Artificial intelligence (AI) has the capacity to disrupt entire industries, with implications for corporate strategy and risk, stakeholder relationships, and compliance that require the attention of the board of directors. AI is also advancing in its ability to self- improve its own performance (machine learning). more…)

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What directors need to know about the 2024 proxy season

Harvard Corporate Governance

Responsible AI is an emerging engagement topic, and investors remain focused on material sustainability risks and opportunities for company business models. Investors seek increased director accountability and want to know how boards oversee material risks and stay up to speed on issues impacting the business. more…)

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Time to rethink talent in the boardroom

Harvard Corporate Governance

2) It’s early days for AI discussions in most boardrooms. Most respondent organizations are just starting to think about their AI strategies. But for some organizations, balancing talent discussions among the long list of topics on board agendas could be challenging. more…)

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McKinsey’s key takeaways from Mobile World Congress

Mckinsey and Company

Generative AI was a core topic at the annual connectivity conference—but so were 5G APIs, talent, and the industrial internet.

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The Board Member’s Oversight of AI Risk – Moving from Middle to Modern English

Harvard Corporate Governance

Artificial Intelligence, including advanced forms of Generative Artificial Intelligence (“GenAI”), has been a headline grabbing topic for upwards of a year and arguably served as the driving force in keeping the NASDAQ Composite trading near all-time highs.