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About this book

This book sets the stage of the evolution of corporate governance, laws and regulations, other forms of governance, and the interaction between data governance and other corporate governance sub-disciplines. Given the continuously evolving and complex regulatory landscape and the growing number of laws and regulations, compliance is a widely discussed issue in the field of data. This book considers the cost of non-compliance bringing in examples from different industries of instances in which companies failed to comply with rules, regulations, and other legal obligations, and goes on to explain how data governance helps in avoiding such pitfalls.
The first in a three-volume series on data governance, this book does not assume any prior or specialist knowledge in data governance and will be highly beneficial for IT, management and law students, academics, information management and business professionals, and researchers to enhance their knowledge and get guidance in managing their own data governance projects from a governance and compliance perspective.

Table of Contents

Frontmatter

Chapter 1. Introduction to Governance, Corporate Governance, and Compliance

Abstract
This chapter introduces the readers to the concept of governance, corporate governance, the impact of the digital age and data on governance, compliance and performance, and discusses in detail the difference between management and governance.
Rupa Mahanti

Chapter 2. Governance Evolution and Basic Concepts

Abstract
The concept of governance is the exercise of authority and control to ensure accountability and promote transparency. It has been around in some form since ancient times and has evolved with the requirements of the respective periods. This chapter explains governance and corporate governance followed by the evolution of corporate governance in the different geographies across the world.
Rupa Mahanti

Chapter 3. Corporate Governance Subdisciplines, Data, and Data Governance

Abstract
Corporate governance is a broad discipline that has several subdisciplines which include, but are not limited to operational governance, financial governance, HR governance, risk governance, security governance, risk governance, IT governance, and data governance. This chapter discusses the corporate governance approach and the different subdiscplines of corporate governance. This chapter also introduces the readers to the concepts of data and data classification. The evolution of data governance, the lack of standardization of data governance definition, and the difference between IT governance and data governance are also discussed. A separate section explores how data governance ties to other corporate governance subdisciplines.
Rupa Mahanti

Chapter 4. Regulations

Abstract
Regulations are rules or laws created by government or authorities in order to control behaviors or way activities are conducted. They are essential for proper functioning of the society and economy. Over the period of time regulations have evolved with changes in technology. In this chapter we discuss some of the standards and regulations.
Rupa Mahanti

Chapter 5. Data Governance and Compliance

Abstract
One of the main business drivers of data governance is compliance. Compliance is about following laws and rules to prevent wrong things from happening as well as detecting and mitigating incorrect actions of the past. Regulations have made organizations much more aware of the issues regarding the data they hold. With new regulations coming into the picture and old ones being repeatedly revised, it is imperative to plan for the future and to implement best practices in data governance to stay compliant and achieve better performance.
Rupa Mahanti

Chapter 6. Data Governance and Compliance: Concluding Thoughts and the Way Ahead

Abstract
Governance has always been and will always be a “must have”. Corporate governance and several sub-disciplines of corporate governance came into the picture with the evolution of corporations a few centuries back. This chapter summarizes the key milestones in the evolution of corporate governance, data and data governance, and discusses the way forward in brief.
Rupa Mahanti

Chapter 7. Data Governance Interviews

Abstract
As discussed before, interviews were conducted to elicit the experience and unique perspectives of highly experienced professionals—thought leaders, researchers, and consultants for the DG book trilogy entitled Data Governance: The Way Forward. These people have shared their thoughts on data and data governance. The questions asked and their respective responses are presented in this chapter.
Rupa Mahanti

Backmatter

Additional information

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