Corporate governance and platform companies in the digital era: Challenges and the path of future developments

The growth of technology and platform companies has presented various challenges for their managers. These include conflicts of interest between managers and users, difficulties in monitoring platform activities, a lack of clear decision-making processes, and increased competition in the market. The implementation of governance models for these platforms also brings its own set of challenges that require further research and analysis to address properly.According to this article, platform governance is a necessary method of monitoring that helps reconcile the conflictingincentives of modern corporate governance with the business requirements of today's platforms. Furthermore, it helps organizations maintain competitiveness amidst the age of globalization and digitalization. In light of this, policymakers should contemplate ways to incentivize companies to embrace such approaches. It is worth noting that the fields that have been most successful in overcoming these challenges and paving the way for corporate governance are those that have benefited most from the advancements of the digital age.

Keywords:

Corporate governance , Digital Platforms , Organizational behavior , Organizational structure , Corporate governance challenges