Transparency and Enhanced Efficiency and Accountability Due to Big Data Adoption in Government Agencies and Other Enterprises

Abstract

Pertinence of big data is necessary especially in the field of corporate governance where large amount of data is collected, stored, retrieved and manages. The major challenge arises for the government organizations therefore are how to use the breadth and depth of the large amount of available data in an appropriate manner. The purpose of the study was to find out the relevance of Big Data in corporate governance and investigates about the role and reasons behind adopting this technique in various government schemes. The data was collected from the 393 respondents of IT companies through a pre-tested and a structured questionnaire. Thematic analysis, descriptive statistics and factor analysis were used to explain the factors needed to identify transparency and enhanced efficiency & accountability by big data adoption. It was found there were an explosion of big data in the corporate governance and various activities of the government which could be highly relevant.