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Understanding governance, risk and compliance information systems (GRC IS): The experts view

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Title: Understanding governance, risk and compliance information systems (GRC IS): The experts view
Authors: Papazafeiropoulou, A
Spanaki, K
Item Type: Journal Article
Abstract: Although Governance, Risk and Compliance (GRC) is an emerging field of study within the information systems (IS) academic community, the concept behind the acronym has to still be demystified and further investigated. The study investigates GRC systems in depth by (a) reviewing the literature on existing GRC studies, and (b) presenting a field study on views about GRC application by professional experts. The aim of this exploratory study is to understand the aspects and the nature of the GRC system following an enterprise systems approach. The result of this study is a framework of particular GRC characteristics that need to be taken into consideration when these systems are put in place. This framework includes specific areas such as: goals and objectives, purpose of the system, key stakeholders, methodology and requirements prior to implementation, critical success factors and problems/barriers. Further discussion about the issues, the concerns and the diverse views on GRC would assist in developing an agenda for the future research on the GRC field.
Issue Date: 23-Jun-2015
Date of Acceptance: 23-Jun-2015
URI: http://hdl.handle.net/10044/1/24050
DOI: 10.1007/s10796-015-9572-3
Publisher: Springer
Start Page: 1251
End Page: 1263
Journal / Book Title: Information Systems Frontiers
Volume: 18
Issue: 6
Copyright Statement: © The Author(s) 2015. This article is published with open access at Springerlink.com. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http:// creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Sponsor/Funder: Engineering & Physical Science Research Council (EPSRC)
Funder's Grant Number: EP/K039504/1
Keywords: Information Systems
0806 Information Systems
Publication Status: Published
Appears in Collections:Imperial College Business School



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