Corporate governance in the digital economy: The critical importance of information governance

  Information is critical to decision-making and plays an essential role across all three pillars of governance. The emerging driver of good information governance globally is compliance with regulatory obligations, particularly with the growth in global privacy laws. Effective information governance requires top-down board and senior executive leadership. Good corporate governance in the data driven and digital economy poses significant challenges for Boards and seniors executives.  This article highlights the importance of information governance to ensure there is a unified strategy and framework to govern information effectively.  Good information governance enables organisations to maximise the value of information as a business asset while minimising risks and costs, particularly those associated with data breach. Over the last 25 years there has a lot been written about corporate governance.  There have been debates about the value it adds to an organisation and even the share price on the Australian Securities Exchange (ASX). […]