2 research outputs found
The Role of Banking in sustainable Development: A study of Environmental and social Governance Factors
No full textGlobal economic tides have shifted, and sustainability has key priorities stemming from these trends — where banks have a fundamental function in addressing and funding sustainable processes. This paper seeks to investigate the significant influence of the banking sector in facilitating sustainable development by adopting it through the inclusion of Environmental, Social, and Governance (ESG) considerations in their operations, investment activities and policies. The paper explores how public and private sector banking institutions can urge corporates to align themselves with corporate and green financing by conducting an ESG practice in the finalizing of financial positions. The study employs a mix of primary and secondary data to examine the degree to which ESG is embedded in banking strategies and had influence on lending, risk management, and stakeholder engagement. The results show that banks with proactive ESG policies make, on average, a strong contribution on all three dimensions of ESG: environmental protection, social welfare and long-term economic sustainability. With this study proposes policy recommendations that would aid ESG compliance and bolster the role of banks as drivers for sustainable development in India and abroad
The Impact of Artificial Intelligence on Strategic Decision-Making in Corporations
No full textThe data-driven insights, predictive analytics, and automation capabilities of Artificial intelligence (AI) have made it a transformative factor in corporate strategic decision-making. This research examines how AI affects strategic decision-making processes in companies, as AI-powered tools can cut costs and driving uncertainty, increasing efficiency and ensuring a competitive advantage. Through case study analysis and empirical data across multiple industries, this research delineates crucial factors that govern AI adoption, such as data accessibility, corporate culture, and legal compliance. The study also provides analysis of accompanying challenges, including those surrounding ethics, algorithmic biases, and the role of human-AI collaboration. The results imply that although artificial intelligence greatly improves both the speed of decision-making and the accuracy of decisions, the effectiveness of AI is required balance, expertise, and ethical governance. This research adds to the growing discussion around using AI to inform corporate strategy, which is crucial for practice to advance and helpful to both business leaders and policymakers
