DIGITAL TRANSFORMATION OF CORPORATE GOVERNANCE: INDIAN EXPERIENCE
Abstract and keywords
Abstract (English):
The issues of this research concern the digital transformation of the governing system. The evolving digital transformation of corporate governance stands as a significant force bracing changes in corporate control and transparency and accountability in India. The integration of Artificial Intelligence, Blockchain, Big Data, and the Internet of Things into governance frameworks thus creates opportunities and hurdles. Digital technologies facilitate compliance reduction of fraud risks, and increased efficiency in decision-making; however, such digital adoption is being hindered through regulatory vagueness, cybersecurity concerns, and resistance to change. This paper critically analyses corporate governance in India, concerning how its evolution and changes are impacted by digital technologies governing stakeholder participation and legal compliance. The paper concludes by providing strategic recommendations to strengthen India's regulatory ecosystem and public-private collaboration alongside capacity-building initiatives for a smooth transition into the digital corporate governance space. This research underscores that digital transformation is not merely an option but a necessity for the future of corporate governance in India, positioning the country as a leader in corporate integrity and sustainable business practices in the digital era. India is a country with well-developed governance traditions and a high, rapidly growing economy. Accordingly, India's experience in digital governance is useful for application in the Russian Federation's governing and legal systems.

Keywords:
corporate governance, digital transformation, artificial intelligence, modern technologies, legal regulation
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