Arbitration as an Effective Mechanism For Resolving Corporate Disputes in the Modern Business Environment
Keywords:
Arbitration, corporate disputes, alternative dispute resolution, corporate governance, commercial arbitration, international arbitration, corporate law, dispute resolution, arbitral award, commercial conflicts.Abstract
The growing complexity of modern business relations has led to a significant increase in corporate disputes involving shareholders, management bodies, investors, and commercial partners. Traditional litigation is often criticized for its lengthy procedures, high costs, and public nature, which can negatively impact a company's reputation and business continuity. Consequently, arbitration has become one of the most effective alternative mechanisms for resolving corporate conflicts. This article examines the legal nature, advantages, limitations, and current trends in the development of arbitration in corporate dispute resolution. Using analytical and comparative approaches, the study evaluates arbitration as an alternative to litigation, focusing on its efficiency, confidentiality, flexibility, and international applicability. The paper also examines emerging trends such as online dispute resolution, the use of artificial intelligence, institutional reforms, and third-party financing. The study argues that, despite certain challenges, arbitration remains one of the most suitable mechanisms for resolving complex corporate disputes in a globalized economy.
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