The Legal Charter of the Company of the Future: The Order of Creation
DOI:
https://doi.org/10.57125/FEL.2022.03.25.03Keywords:
corporate governance, legal charters, digital transformation, sustainability, global governanceAbstract
In recent years, corporate governance structures have undergone substantial transformation, driven by rapid technological advancements, globalization, and evolving social norms. This literature review extends the scope by delving into emerging areas such as artificial intelligence, blockchain, and their roles in shaping sustainable corporate practices. It also examines the regulatory challenges posed by integrating ESG (Environmental, Social, and Governance) criteria across different jurisdictions. In addition, the study identifies opportunities to develop unified global standards in corporate governance, ensuring that legal frameworks evolve to accommodate the fast-paced changes brought on by digitalization and sustainability, ultimately enhancing corporate transparency and accountability worldwide.Using a PRISMA-based method, this study explores databases like Scopus, Web of Science, IEEE, and Google Scholar for relevant articles published between 2010 and 2021. The search terms included "corporate governance," "sustainability," "digital transformation," "legal charters," and "global governance." The main themes that came out of the thematic analysis were the use of digital tools like blockchain and AI, the growing importance of environmental, social, and governance (ESG) criteria, and how hard it is to make sure that legal standards are the same in all places. It has been found that legal charters need to be flexible enough to accommodate new technologies and business practices. This review examines corporate governance in the real world and the need for laws to continuously evolve and adapt to support ethical and sustainable business operations globally.
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