IDEAS home Printed from https://ideas.repec.org/a/mth/ber888/v9y2019i1p164-172.html
   My bibliography  Save this article

Evaluating Information Security System Effectiveness for Risk Management, Control, and Corporate Governance

Author

Listed:
  • Mouhamadou Sow
  • Christina Gehrke

Abstract

Using Grounded Theory, this study addresses factors related to forensic accounting, as well as various issues that can arise due to lack of security measures. The study identifies issues related to lack of security measures and cybersecurity crimes, and their impact on corporate-governance practices within organizations. This qualitative research study was phenomenological in nature and participants included a group of twelve employees in the field of forensic accounting, auditing, and information security systems across several organizations in the Southwest United States who were interviewed about cybersecurity and information security. Specific research literature provides a framework for this study, indicating the need for information technology that reinforces data safety and increases the effectiveness of corporate governance. The forensic accounting system depends on auditing and risk-control factors because in their absence, organizations may be unable to keep data confidential. Larger firms must adopt security measures that advanced technology provides within the accounting system to help develop fairness and transparency within the forensic accounting system. The study proposes means of increasing good corporate-governance practices and decreasing the risk in larger organizations using the latest technology.

Suggested Citation

  • Mouhamadou Sow & Christina Gehrke, 2019. "Evaluating Information Security System Effectiveness for Risk Management, Control, and Corporate Governance," Business and Economic Research, Macrothink Institute, vol. 9(1), pages 164-172, March.
    • Handle: RePEc:mth:ber888:v:9:y:2019:i:1:p:164-172
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/ber/article/view/13994/11309
    Download Restriction: no
    File URL: http://www.macrothink.org/journal/index.php/ber/article/view/13994
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jeanette Akkeren & Sherrena Buckby, 2017. "Perceptions on the Causes of Individual and Fraudulent Co-offending: Views of Forensic Accountants," Journal of Business Ethics, Springer, vol. 146(2), pages 383-404, December.
    2. Siti Nuryanah & Sardar M. N. Islam, 2015. "The Context of the Case Study," Palgrave Macmillan Books, in: Corporate Governance and Financial Management, chapter 5, pages 145-156, Palgrave Macmillan.
    3. Emanuel Kopp & Lincoln Kaffenberger & Christopher Wilson, 2017. "Cyber Risk, Market Failures, and Financial Stability," IMF Working Papers 2017/185, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José Ramón Martínez Resano, 2022. "Digital resilience and financial stability. The quest for policy tools in the financial sector," Financial Stability Review, Banco de España, issue Autumn.
    2. Carmenta, Rachel & Cammelli, Federico & Dressler, Wolfram & Verbicaro, Camila & Zaehringer, Julie G., 2021. "Between a rock and a hard place: The burdens of uncontrolled fire for smallholders across the tropics," World Development, Elsevier, vol. 145(C).
    3. Dai, Jiangyu & Wu, Shiqiang & Han, Guoyi & Weinberg, Josh & Xie, Xinghua & Wu, Xiufeng & Song, Xingqiang & Jia, Benyou & Xue, Wanyun & Yang, Qianqian, 2018. "Water-energy nexus: A review of methods and tools for macro-assessment," Applied Energy, Elsevier, vol. 210(C), pages 393-408.
    4. Anne Ventura & Van‐Loc Ta & Tristan Senga Kiessé & Stéphanie Bonnet, 2021. "Design of concrete : Setting a new basis for improving both durability and environmental performance," Journal of Industrial Ecology, Yale University, vol. 25(1), pages 233-247, February.
    5. Boris Rumanko & Zuzana Lušňáková & Monika Moravanská & Mária Šajbidorová, 2021. "Succession as a Risk Process in the Survival of a Family Business—Case of Slovakia," JRFM, MDPI, vol. 14(10), pages 1-20, September.
    6. Kong, Ling & Wang, Dongbo, 2020. "Comparison of citations and attention of cover and non-cover papers," Journal of Informetrics, Elsevier, vol. 14(4).
    7. Monica Laura ZLATI & Cristian MIRICA, 2021. "Biological Assets Accounting In The Agricultural Sector," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 15(25), pages 1-7, February.
    8. Ionel Bostan & Ionela-Corina Chersan & Magdalena Danileț & Mihaela Ifrim & Viorica Chirilă, 2020. "Investigations Regarding the Linguistic Register Used by Managers to Convey to Stakeholders a Positive View of Their Company, in the Context of the Business Sustainability Desideratum," Sustainability, MDPI, vol. 12(17), pages 1-19, August.
    9. Raymond B. Frempong & David Stadelmann, 2017. "Does Female Education have a Bargaining Effect on Household Welfare? Evidence from Ghana and Uganda," CREMA Working Paper Series 2017-08, Center for Research in Economics, Management and the Arts (CREMA).
    10. Silvia Facchinetti & Paolo Giudici & Silvia Angela Osmetti, 2020. "Cyber risk measurement with ordinal data," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 29(1), pages 173-185, March.
    11. Cintia Rodrigues de Oliveira & Rafael Alcadipani da Silveira, 2021. "An Essay on Corporate Crimes in the Post-Colonial Perspective: Challenging Traditional Literature," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 25(4), pages 190144-1901.
    12. Michela Floris & Angela Dettori & Cinzia Dessi, 2021. "Handling Innovation in Small Family Firms: The Role of Context," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(5), pages 1-60, July.
    13. Lechenet, Martin & Makowski, David & Py, Guillaume & Munier-Jolain, Nicolas, 2016. "Profiling farming management strategies with contrasting pesticide use in France," Agricultural Systems, Elsevier, vol. 149(C), pages 40-53.
    14. Lawrence Collins Kihamaiso Mwebesa & Catherine Kansiime & Benon B. Asiimwe & Paddy Mugambe & Innocent B. Rwego, 2018. "The Effect of Financial Record Keeping on Financial Performance of Development Groups in Rural Areas of Western Uganda," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(4), pages 136-145, April.
    15. Mariusz Adynkiewicz-Piragas & Bartłomiej Miszuk, 2020. "Risk Analysis Related to Impact of Climate Change on Water Resources and Hydropower Production in the Lusatian Neisse River Basin," Sustainability, MDPI, vol. 12(12), pages 1-23, June.
    16. Maas, Victor S. & Yin, Huaxiang, 2022. "Finding partners in crime? How transparency about managers’ behavior affects employee collusion," Accounting, Organizations and Society, Elsevier, vol. 96(C).
    17. Apantri Peungnumsai & Apichon Witayangkurn & Masahiko Nagai & Hiroyuki Miyazaki, 2018. "A Taxi Zoning Analysis Using Large-Scale Probe Data: A Case Study for Metropolitan Bangkok," The Review of Socionetwork Strategies, Springer, vol. 12(1), pages 21-45, June.
    18. Monica Ramos Montesdeoca & Agustín J. Sánchez Medina & Felix Blázquez Santana, 2019. "Research Topics in Accounting Fraud in the 21st Century: A State of the Art," Sustainability, MDPI, vol. 11(6), pages 1-31, March.
    19. Aldasoro, Iñaki & Gambacorta, Leonardo & Giudici, Paolo & Leach, Thomas, 2022. "The drivers of cyber risk," Journal of Financial Stability, Elsevier, vol. 60(C).
    20. Mark E. Lokanan & Prerna Sharma, 2023. "Two Decades of Accounting Fraud Research: The Missing Meso-Level Analysis," SAGE Open, , vol. 13(3), pages 21582440231, September.

    More about this item

    Keywords

    Forensic accounting; Auditing; Information security; Information systems; Governance; Risk; Controls;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ber888:v:9:y:2019:i:1:p:164-172. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ber .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.