id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-5118	Petrin, Martin	Corporate Management in the Age of AI	2019	66	.pdf	application/pdf	22819	964	46	[Vol. 2019 against shareholder interests may be allowed to some extent.217 The traditional, entrenched position in Anglo-American law is that corporations serve the overarching aim of maximizing, or at least enhancing in the long term, shareholder wealth as measured by the price of its shares.218 Nevertheless, the corporate purpose debate has never been conclusively settled and continues on to today, with some commentators noting that apart from the normative debates, even the corporate law “on the books” is ambiguous on the question of the corporate purpose.219 The recent wave of anti- corporate sentiment and political upheaval suggests that the corporate purposes debate appears to be at a watershed moment, and more clarifications and changes geared towards regaining public trust in business appear necessary to ensure the continued success of the corporate model.220 The need for more definitive answers may become even more pressing in a world with AI corporate management. Presumably, this development will in due course steer policymakers towards introducing legal reforms concerning board composition and appointments, allowing businesses to shift to AI boards and management.	cache/cblr-5118.pdf	txt/cblr-5118.txt