Sustainable Corporate Governance and Artificial Intelligence Disclosure: A Preliminary Analysis

Artificial Intelligence (AI) is reshaping corporate strategies, yet its connection with sustainability issues remains underexplored. This study aims to investigate whether sustainable corporate governance (SCG) affects disclosure about AI. Using a mixed approach (i.e., content analysis, structural equation modelling, ordinary least squares and LASSO regression) on a sample of 104 Italian listed companies, we find that higher SCG scores are positively associated with AI disclosure. Sustainability-oriented boards are more likely to integrate AI in their disclosures as well as in their decision-making processes. The study contributes to the literature by linking SCG to digital transformation through the Upper Echelons Theory, showing how governance values drive technological transparency. It also provides important implications for managers – especially at a strategic level – and policymakers.