International Corporate Governance in the Digital Age: Legal Challenges of Privacy Protection and Data Governance

Bingbing Bi ()
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Bingbing Bi: University of Leeds

A chapter in Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024), 2024, pp 40-51 from Springer

Abstract: Abstract In the current age characterised by digital transformation, global organisations encounter unparalleled difficulties in effectively managing and regulating their large quantities of data. This essay examines the theoretical underpinnings of data governance and how it relates to corporate governance, safeguarding privacy in the digital era, the connection between data governance and corporate strategy, the difficulties encountered by multinational corporations in data governance, and suggestions for enhancing data governance practices. This essay seeks to offer a comprehensive framework for multinational organisations to efficiently manage the difficulties of data governance in today’s global context. It does so by analysing concepts, principles, and practical solutions. Through explores the fundamental principles of data governance, emphasising its significance within corporate governance frameworks. This text examines the definitions and scopes of data governance, with a particular focus on its strategic significance in efficiently managing corporate data assets, emphasising data as a valuable advantage in the global market and emphasising the connections between data governance and business strategy. Multinational organisations have a range of obstacles when it comes to developing efficient data governance policies. This part provides a thorough overview of the issues encountered by international firms, including negotiating intricate regulatory regimes, addressing technology and operational obstacles, and considering ethical and societal factors.

Keywords: Data Governance; Corporate Governance; Multinational Obstacles (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-546-1_6

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