REGULATING ARTIFICIAL INTELLIGENCE IN CORPORATE GOVERNANCE: A COMPARATIVE OVERVIEW OF THE UNITED STATES, THE EUROPEAN UNION, AND UZBEKISTAN

Authors

  • Nuriddin Khudoyberdiev LL.M., Penn State Law, The Pennsylvania State University, USA; LL.M. and LL.B., Tashkent State University of Law, Uzbekistan.

Keywords:

artificial intelligence; corporate governance; comparative law; EU AI Act; NIST AI Risk Management Framework; Uzbekistan AI Strategy 2030; algorithmic accountability; board oversight; risk-based regulation.

Abstract

Artificial intelligence is transforming how companies make decisions, run internal controls, and handle disclosure throughout every leading economy. Even so, the legal regimes that determine how firms use AI within their governance structures vary widely from one jurisdiction to another. This article presents a brief comparative survey of three distinct models. The United States has developed a fragmented, multi-tiered system resting on voluntary federal benchmarks, sector-specific securities oversight, and competing state statutes, more recently layered with an executive-branch effort to assert federal preemption. The European Union has chosen a horizontal, risk-graded approach in its 2024 AI Act, reinforced by the General Data Protection Regulation and the Digital Omnibus simplification package of November 2025. Uzbekistan has advanced quickly from strategic planning under Presidential Resolution PP-358 of October 2024 to a wide-ranging AI statute cleared by the Senate in November 2025, though several corporate-governance shortcomings persist. After charting each system, the article draws out six broad proposals for reform in Uzbekistan, centered on risk classification, board-level supervision, disclosure, developer–deployer liability, institutional capacity, and international alignment.

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References

ce Risk Management Framework (AI RMF 1.0), NIST AI 100-1 (January 26, 2023).

Executive Order 14365, Ensuring a National Policy Framework for Artificial Intelligence (December 11, 2025).

White House, National Policy Framework for Artificial Intelligence (March 20, 2026).

Colorado Senate Bill 24-205, Consumer Protections for Artificial Intelligence (signed May 17, 2024).

Colorado Senate Bill 26-189, An Act Concerning Accountability for Automated Decision-Making Technology (2026), effective January 1, 2027.

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U.S. Securities and Exchange Commission, Investor Advisory Committee, Recommendation Regarding Disclosure of Artificial Intelligence’s Impact on Operations (December 4, 2025).

In re Caremark Int’l Inc. Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996); Marchand v. Barnhill, 212 A.3d 805 (Del. 2019).

OECD.AI Policy Observatory, The Strategy for the Development of Artificial Intelligence Technologies until 2030 — Uzbekistan (last updated 2025).

Ernst and Young, Study on the Relevance and Impact of Artificial Intelligence for Company Law and Corporate Governance — Final Report (2021), prepared for the European Commission.

BBC News, Amazon scrapped “sexist AI” tool (October 10, 2018), https://www.bbc.com/news/technology-4580

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Published

2026-03-30

How to Cite

Nuriddin Khudoyberdiev. (2026). REGULATING ARTIFICIAL INTELLIGENCE IN CORPORATE GOVERNANCE: A COMPARATIVE OVERVIEW OF THE UNITED STATES, THE EUROPEAN UNION, AND UZBEKISTAN. Journal of Applied Science and Social Science, 16(03), 2121–2129. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/4590