Article Details
  • Published Online:
    January  2025
  • Product Name:
    The IUP Journal of Corporate Governance
  • Product Type:
    Article
  • Product Code:
    IJCG020125
  • DOI:
    10.71329/IUPJCG/2025.24.1.32-49
  • Author Name:
    Som Sekhar Bhattacharyya, Swamy Perumandla and Amit Kumar
  • Availability:
    YES
  • Subject/Domain:
    Management
  • Download Format:
    PDF
  • Pages:
    32-49
Volume 24, Issue 1, January 2025
Leveraging Blockchain and AI for Ethical Decision-Making in Healthcare Firms: A Corporate Governance Framework
Abstract

This paper explores the deployment of emerging technologies like blockchain and artificial intelligence (AI) by healthcare business firms in the practice of euthanasia, using argumentative theoretical logic and corporate governance theory. The study finds that there is a definite possibility of applying emerging technologies like blockchain and AI for euthanasia. A blockchain could safely keep the digital health records of terminally-ill patients. Machine learning coupled with AI could, in turn, analyze the historical data and predictively determine the case for recovery of patients. Thus, for terminally-ill patients, given the veracity and immutability of blockchainenabled digital health records, coupled with the predictive power of AI, a mechanism could be developed for recommendation of euthanasia by healthcare firms.

Introduction

The role of business in society has always been of interest to management research scholars (Wickert, 2021). Recently, this interest has been extended to the role of firms in social causes (Freeman and Gilbert Jr, 1992).