The impact of IR4 on Corporate Governance of listed companies

Research output: Chapter in Book/Report/Conference proceedingChapterProfessional

Abstract

The digital revolution transforms business models and presents new privacy issues
and ethical dilemmas. Research by MIT Sloan CISR reports that U.S. listed companies
that have a digitally savvy board show substantially better financial performance.
What is a digitally savvy board? What are the differences between the old and the
new world? What are the new ethical dilemmas and how do you prevent making
the same mistakes as big tech? Why does innovation fail so often within the existing
structures of established companies? Why does the three lines of defense model for
risk management have an inhibitory effect on innovation in practice? The author
discusses these questions and provides suggestions for improvement of corporate
governance of established companies. In the next chapter, the author provides rules
of the road for how established companies can monetize their data including some
pitfalls for established companies and discusses a number of ethical dilemmas that
companies encounter in practice when implementing new digital technologies and services
Original languageEnglish
Title of host publicationGlobal Business Leadership Development for the Fourth Industrial Revolution
EditorsPeter Smith, Tom Cockburn
PublisherIGI Global
Chapter3
Pages66-94
Publication statusPublished - 21 Sep 2020

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  • Cite this

    Moerel, L. (2020). The impact of IR4 on Corporate Governance of listed companies. In P. Smith, & T. Cockburn (Eds.), Global Business Leadership Development for the Fourth Industrial Revolution (pp. 66-94). IGI Global. https://www.igi-global.com/book/global-business-leadership-development-fourth/244598