Introduction

Technology and Corporate Law: How Innovation Shapes Corporate Activity (Edward Elgar, 2021)

19 Pages Posted: 21 Nov 2023

See all articles by Andrew Godwin

Andrew Godwin

Melbourne Law School

Pey-Woan Lee

Singapore Management University - Yong Pung How School of Law

Rosemary Teele Langford

University of Melbourne - Law School

Date Written: 2021

Abstract

In recent times, corporate regulators have begun to explore the use of technology to help them perform their regulatory and supervisory functions. Innovation in this area includes the use of natural language processing (NLP) – a form of artificial intelligence – to enable regulators to monitor compliance with corporate disclosure requirements. This chapter explores the potential that NLP offers in the area of corporate disclosure and the legal and regulatory implications that arise as a result. These implications include the following: (1) whether technology will change the way in which the language of corporate disclosure is interpreted by regulators; (2) whether technology will change the language of disclosure itself; (3) whether regulators will be able to maintain transparency in relation to how technology is used to monitor and review corporate disclosure; and (4) how to maintain an appropriate degree of human involvement and guarantee trust in the process.

Suggested Citation

Godwin, Andrew and Lee, Pey Woan and Langford, Rosemary Teele, Introduction (2021). Technology and Corporate Law: How Innovation Shapes Corporate Activity (Edward Elgar, 2021), Available at SSRN: https://ssrn.com/abstract=4154329 or http://dx.doi.org/10.2139/ssrn.4154329

Andrew Godwin

Melbourne Law School ( email )

185 Pelham Street
Carlton, Victoria 3053
Australia

Pey Woan Lee (Contact Author)

Singapore Management University - Yong Pung How School of Law ( email )

55 Armenian Street
Singapore, 179943
Singapore

Rosemary Teele Langford

University of Melbourne - Law School ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
Australia

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