Improving China's corporate governance within the big data era: Integration of knowledge management and data governance

Abstract

Several literature examined different ways in improving China's corporate governance such as floating on nontradable shares, executive compensation, strengthening independent board of directors and supervisory board; however, there is a lack of existing research addressing the important role of knowledge management (KM) and data governance in China's corporate governance within the big data era. Knowledge management and data governance have become a major factor for improving corporate governance for international success. Therefore, this study is designed to develop a conceptual framework integrating KM strategy and data governance in improving corporate governance in China. We suggest that a KM-based approach to corporate governance provides a valid perspective. Both KM governance and data governance are indicative in improving corporate governance in China within the big data era. Devising appropriate KM mechanism and data governance helps ensure efficient and sound decision making from board of directors and stakeholders of organizations; minimizing falsification of accounting information among stakeholders.