Journal of Economic, Finance Research and Review (JEFRR) · Research article · Open access
Artificial Intelligence and Its Impact in Iraq
Dr Aladdin Mahmood Karin Al-Khafaji
20 June 2026 · Vol. 2, Issue 6, pp. 340-343
DOI: 10.65150/EP-jefrr/V2E6/2026-05
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What is this article about?
Throughout history, technological changes have significantly influenced how people conduct business. The internet is one of the most recent examples of how businesses must adapt to stay successful in the market.
Article at a glance
- Published
- 20 June 2026
- Volume / issue / pages
- Vol. 2, Issue 6, pp. 340-343
- ISSN
- 3051-3650 (online) · 3051-3642 (print)
- Licence
- CC BY 4.0 — free to read and reuse with attribution
- Peer review
- Double-blind, at least two independent reviewers
- Publisher
- EP Journals Group
Abstract
Throughout history, technological changes have significantly influenced how people conduct business. The internet is one of the most recent examples of how businesses must adapt to stay successful in the market. Although the idea of artificial intelligence (AI) has existed since the 1950s, its impact on corporate governance has been largely overlooked. While the current developments in AI are not the first major shift and won't be the last, every industry has been affected. Whether in healthcare, education, manufacturing, or e-governance, AI is making a global impact. Research suggests that digital transformation is a challenging process for businesses. Transitioning from traditional methods to technology-based solutions often meets resistance from employees. Integrating AI into corporate governance can be seen as a form of digital transformation. This paper reviews the literature on how this transformation can happen within corporate governance and the factors that need to be considered. A qualitative research approach was used for this study. Data was collected through semi-structured interviews. A set of prepared questions ensured the discussion stayed on topic. Twenty interviews were conducted with twenty participants. These participants were divided into three groups: AI experts working in the private sector, senior corporate professionals, and public servants handling IT projects in the government. The participants' responses were analysed and presented in this paper. The analysis shows that the participants are cautiously optimistic about using AI in corporate governance. They recognize benefits such as transparency, accountability, and faster, unbiased decision-making. However, they also express concerns about a lack of regulations, the potential for misuse, ethical issues, and a shortage of skilled workers.
Keywords: artificial intelligence, corporate governance, Iraq, digital transformation.
Cite this article
Dr Aladdin Mahmood Karin Al-Khafaji (2026). Artificial Intelligence and Its Impact in Iraq. Journal of Economic, Finance Research and Review, 2(6), 340-343. https://doi.org/10.65150/EP-jefrr/V2E6/2026-05
@article{Dr2026,
title = {Artificial Intelligence and Its Impact in Iraq},
author = {Dr Aladdin Mahmood Karin Al-Khafaji},
journal = {Journal of Economic, Finance Research and Review},
year = {2026},
volume = {2},
number = {6},
pages = {340-343},
doi = {10.65150/EP-jefrr/V2E6/2026-05},
url = {https://doi.org/10.65150/EP-jefrr/V2E6/2026-05}
}Questions about this article
Who wrote this article?
Dr Aladdin Mahmood Karin Al-Khafaji.
Where and when was it published?
In Journal of Economic, Finance Research and Review, Volume 2, Issue 6, pages 340-343, published by EP Journals Group on 20 June 2026.
Is this article free to read?
Yes. It is open access under a Creative Commons Attribution 4.0 (CC BY 4.0) licence, so anyone can read, share and reuse it with attribution.
What is the DOI of this article?
10.65150/EP-jefrr/V2E6/2026-05 (https://doi.org/10.65150/EP-jefrr/V2E6/2026-05).
How do I cite this article?
APA: Dr Aladdin Mahmood Karin Al-Khafaji (2026). Artificial Intelligence and Its Impact in Iraq. Journal of Economic, Finance Research and Review, 2(6), 340-343. https://doi.org/10.65150/EP-jefrr/V2E6/2026-05
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