Publication Type
Journal Article
Version
submittedVersion
Publication Date
11-2022
Abstract
Companies are embracing digital transformation to enhance their competitiveness. Existing studies show that it is important for companies to manage the governance, risk, and compliance (GRC) aspects of their digital transformation initiatives. While companies are increasingly understanding the importance of the role of GRC in digital transformation, it is unclear from the investors’ views. Thus, this study examines whether investors are placing importance on the role of GRC in digital transformation for their investment decisions. The results show that investors care about the GRC aspects of digital transformation initiatives undertaken by companies. The findings of this study are consistent with the view that companies need to manage the GRC aspects of their digital transformation initiatives so that they can attract investors to invest in their companies. This study contributes to the extant literature as investors are important stakeholders of companies.
Keywords
governance, risk, compliance, digital transformation, investor judgments
Discipline
Accounting
Research Areas
Financial Intermediation and Information
Publication
Accountancy Business and the Public Interest
Volume
21
First Page
200
Last Page
223
ISSN
1745-7718
Publisher
AABA
Citation
GOH, Clarence; KUSNADI, Yuanto; PAN, Gary; and SEOW, Poh Sun.
Governance, risk and compliance (GRC) in digital transformation: Investor views. (2022). Accountancy Business and the Public Interest. 21, 200-223.
Available at: https://ink.library.smu.edu.sg/soa_research/1980
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