{"id":"https://openalex.org/W2997580030","doi":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","title":"The Impact of the Digital Transformation of Business on Corporate Governance. An Overview of Recent Studies","display_name":"The Impact of the Digital Transformation of Business on Corporate Governance. An Overview of Recent Studies","publication_year":2019,"publication_date":"2019-12-22","ids":{"openalex":"https://openalex.org/W2997580030","doi":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","mag":"2997580030"},"language":"en","primary_location":{"id":"doi:10.17323/j.jcfr.2073-0438.13.3.2019.35-47","doi":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","is_oa":true,"landing_page_url":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","pdf_url":"https://cfjournal.hse.ru/article/download/10198/11045","source":{"id":"https://openalex.org/S2764598072","display_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b","issn_l":"2073-0438","issn":["2073-0438"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["anvur-scientific","doaj","russia-white-list-1"],"host_organization":"https://openalex.org/P4310312710","host_organization_name":"National Research University \u2013 Higher School of Economics","host_organization_lineage":["https://openalex.org/P4310312710"],"host_organization_lineage_names":["National Research University \u2013 Higher School of Economics"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b | ISSN: 2073-0438","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://cfjournal.hse.ru/article/download/10198/11045","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075616712","display_name":"\u0418\u043b\u044c\u044f \u041e\u043b\u0435\u0433\u043e\u0432\u0438\u0447 \u0418\u0432\u0430\u043d\u0438\u043d\u0441\u043a\u0438\u0439","orcid":"https://orcid.org/0000-0002-5329-6197","observed_orcids":["https://orcid.org/0000-0002-5329-6197"]},"institutions":[{"id":"https://openalex.org/I118501908","display_name":"National Research University Higher School of Economics","ror":"https://ror.org/055f7t516","country_code":"RU","type":"education","lineage":["https://openalex.org/I118501908"]}],"countries":["RU"],"is_corresponding":true,"raw_author_name":"Ilya Ivaninskiy","raw_affiliation_strings":["National Research University Higher School of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"National Research University Higher School of Economics","institution_ids":["https://openalex.org/I118501908"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5075616712"],"corresponding_institution_ids":["https://openalex.org/I118501908"],"apc_list":null,"apc_paid":null,"fwci":4.4646,"has_fulltext":true,"cited_by_count":15,"citation_normalized_percentile":{"value":0.94370959,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"13","issue":"3","first_page":"35","last_page":"47"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8109999895095825,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8109999895095825,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.1559000015258789,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.005400000140070915,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/blockchain","display_name":"blockchain","score":0.8349999785423279},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.9520000219345093},{"id":"https://openalex.org/keywords/principal-agent-conflict","display_name":"principal-agent conflict","score":0.8550000190734863},{"id":"https://openalex.org/keywords/shareholder-voting","display_name":"shareholder voting","score":0.7490000128746033},{"id":"https://openalex.org/keywords/smart-contracts","display_name":"smart contracts","score":0.6669999957084656},{"id":"https://openalex.org/keywords/board-of-directors","display_name":"board of directors","score":0.5730000138282776},{"id":"https://openalex.org/keywords/director-compensation","display_name":"director remuneration","score":0.7229999899864197},{"id":"https://openalex.org/keywords/empty-voting","display_name":"empty voting","score":0.6890000104904175},{"id":"https://openalex.org/keywords/shareholder-activism","display_name":"shareholder activism","score":0.531000018119812},{"id":"https://openalex.org/keywords/securities-trading","display_name":"securities trading","score":0.5019999742507935},{"id":"https://openalex.org/keywords/audit-automation","display_name":"audit automation","score":0.7990000247955322},{"id":"https://openalex.org/keywords/digital-transformation-of-business","display_name":"digital transformation of business","score":0.6539999842643738},{"id":"https://openalex.org/keywords/shareholder-register","display_name":"shareholder register","score":0.32199999690055847}],"concepts":[{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.725548505783081},{"id":"https://openalex.org/C520049643","wikidata":"https://www.wikidata.org/wiki/Q189760","display_name":"Voting","level":3,"score":0.6730793714523315},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5255612134933472},{"id":"https://openalex.org/C2780522230","wikidata":"https://www.wikidata.org/wiki/Q1140419","display_name":"Ambiguity","level":2,"score":0.45112884044647217},{"id":"https://openalex.org/C2779687700","wikidata":"https://www.wikidata.org/wiki/Q20514253","display_name":"Blockchain","level":2,"score":0.4489443302154541},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.4473777711391449},{"id":"https://openalex.org/C144559511","wikidata":"https://www.wikidata.org/wiki/Q2986279","display_name":"Principal (computer security)","level":2,"score":0.4387494921684265},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3702905476093292},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.239082932472229},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.215341717004776},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.2121974229812622},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.10330566763877869},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.09652939438819885},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.17323/j.jcfr.2073-0438.13.3.2019.35-47","doi":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","is_oa":true,"landing_page_url":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","pdf_url":"https://cfjournal.hse.ru/article/download/10198/11045","source":{"id":"https://openalex.org/S2764598072","display_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b","issn_l":"2073-0438","issn":["2073-0438"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["anvur-scientific","doaj","russia-white-list-1"],"host_organization":"https://openalex.org/P4310312710","host_organization_name":"National Research University \u2013 Higher School of Economics","host_organization_lineage":["https://openalex.org/P4310312710"],"host_organization_lineage_names":["National Research University \u2013 Higher School of Economics"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b | ISSN: 2073-0438","raw_type":"journal-article"},{"id":"mag:3163745274","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3635068","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:doaj.org/article:c7c5774b27f04660b805dda67e83cdd1","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/c7c5774b27f04660b805dda67e83cdd1","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"\u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0444\u0438\u043d\u0430\u043d\u0441\u044b, Vol 13, Iss 3, Pp 35-47 (2019)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.17323/j.jcfr.2073-0438.13.3.2019.35-47","doi":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","is_oa":true,"landing_page_url":"https://doi.org/10.17323/j.jcfr.2073-0438.13.3.2019.35-47","pdf_url":"https://cfjournal.hse.ru/article/download/10198/11045","source":{"id":"https://openalex.org/S2764598072","display_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b","issn_l":"2073-0438","issn":["2073-0438"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["anvur-scientific","doaj","russia-white-list-1"],"host_organization":"https://openalex.org/P4310312710","host_organization_name":"National Research University \u2013 Higher School of Economics","host_organization_lineage":["https://openalex.org/P4310312710"],"host_organization_lineage_names":["National Research University \u2013 Higher School of Economics"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance Research / \u041a\u043e\u0440\u043f\u043e\u0440\u0430\u0442\u0438\u0432\u043d\u044b\u0435 \u0424\u0438\u043d\u0430\u043d\u0441\u044b | ISSN: 2073-0438","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.9200000166893005}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2997580030.pdf","grobid_xml":"https://content.openalex.org/works/W2997580030.grobid-xml"},"referenced_works_count":77,"referenced_works":["https://openalex.org/W4400945","https://openalex.org/W195384954","https://openalex.org/W591925601","https://openalex.org/W630584800","https://openalex.org/W1495945271","https://openalex.org/W1568422590","https://openalex.org/W1797402740","https://openalex.org/W1827033679","https://openalex.org/W1949455802","https://openalex.org/W1969344535","https://openalex.org/W2036281662","https://openalex.org/W2037668165","https://openalex.org/W2037832385","https://openalex.org/W2048672025","https://openalex.org/W2051140949","https://openalex.org/W2054731609","https://openalex.org/W2055622485","https://openalex.org/W2131136597","https://openalex.org/W2135241016","https://openalex.org/W2137846363","https://openalex.org/W2148216163","https://openalex.org/W2154505708","https://openalex.org/W2256645714","https://openalex.org/W2393994303","https://openalex.org/W2501293480","https://openalex.org/W2527797060","https://openalex.org/W2559876587","https://openalex.org/W2591836389","https://openalex.org/W2592077777","https://openalex.org/W2592399989","https://openalex.org/W2601306580","https://openalex.org/W2608713021","https://openalex.org/W2678517409","https://openalex.org/W2752617332","https://openalex.org/W2766800499","https://openalex.org/W2776726176","https://openalex.org/W2781658203","https://openalex.org/W2790418303","https://openalex.org/W2792326067","https://openalex.org/W2794897017","https://openalex.org/W2886458597","https://openalex.org/W2891498070","https://openalex.org/W2892997857","https://openalex.org/W2894955077","https://openalex.org/W2896197579","https://openalex.org/W2897450989","https://openalex.org/W2898238616","https://openalex.org/W2899357412","https://openalex.org/W2905532064","https://openalex.org/W2906546902","https://openalex.org/W2908137898","https://openalex.org/W2920922556","https://openalex.org/W2939165527","https://openalex.org/W2963264685","https://openalex.org/W3089725453","https://openalex.org/W3121135292","https://openalex.org/W3121282009","https://openalex.org/W3121479022","https://openalex.org/W3121693921","https://openalex.org/W3122383617","https://openalex.org/W3122636688","https://openalex.org/W3123259192","https://openalex.org/W3123597155","https://openalex.org/W3123735113","https://openalex.org/W3123920135","https://openalex.org/W3125186781","https://openalex.org/W3125210356","https://openalex.org/W3125906709","https://openalex.org/W3147421935","https://openalex.org/W4229772028","https://openalex.org/W4255535209","https://openalex.org/W4288400169","https://openalex.org/W4296154161","https://openalex.org/W4384492512","https://openalex.org/W7213280779","https://openalex.org/W7213310508","https://openalex.org/W7213342991"],"related_works":["https://openalex.org/W2920922556","https://openalex.org/W7019844323","https://openalex.org/W4413187888","https://openalex.org/W4382770016","https://openalex.org/W4392163070","https://openalex.org/W7125125536","https://openalex.org/W4328091406","https://openalex.org/W4393070565","https://openalex.org/W7167281918","https://openalex.org/W7213342991"],"abstract_inverted_index":{"This":[0,317],"article":[1],"presents":[2],"a":[3,30,161,243,345],"survey":[4,54],"of":[5,11,57,72,79,87,147,154,157,192,199,201,229,309,314,325,347,373],"recent":[6,42],"studies":[7],"on":[8,298],"the":[9,20,32,55,60,67,70,73,85,92,96,104,145,148,179,197,279,299,307,322,356,370],"impact":[10],"digitalisation,":[12],"and":[13,19,69,119,181,203,257,332,339,369],"particularly":[14],"blockchain":[15,58,88,105,116,210,252,269,367],"technology,":[16],"oncorporate":[17],"governance":[18,34,230,311],"principal-agent":[21,26,61],"conflict":[22,27,62,94,193],"in":[23,46,63,111,166,216,306],"companies.":[24],"The":[25,113],"has":[28,48],"been":[29],"centerpieceof":[31],"corporate":[33,121,275,310],"research":[35,349,357],"for":[36,52,59,115,120,134,186,211,246,303,329,352,364],"more":[37],"than":[38,273],"40":[39],"years.":[40],"However,":[41,248],"technological":[43],"developments,":[44],"andblockchain":[45],"particular,":[47],"created":[49],"new":[50],"avenues":[51],"exploration.We":[53],"implications":[56,340],"three":[64],"parts:":[65],"1)":[66],"organisationalenvironment,":[68],"creation":[71],"conflict;":[74,80],"2)":[75],"common":[76],"observable":[77],"instances":[78,191],"3)":[81],"actions":[82],"necessary":[83],"tomaximise":[84],"value":[86],"implementation.":[89],"We":[90,101,130],"limit":[91,103],"studied":[93],"to":[95,108,196,287,320,355],"relationship":[97],"between":[98],"shareholdersand":[99],"management.":[100],"also":[102,131,234,361],"use":[106],"cases":[107],"those":[109,365],"currently":[110],"testing.":[112],"applications":[114],"insecurities":[117],"trading":[118],"functions":[122,231],"automation":[123,228],"via":[124],"\u2018smart\u2019":[125],"contracts":[126,226,260],"are":[127,194,261],"both":[128,330],"analysed.":[129],"evaluate":[132],"theimplications":[133],"investor":[135,141],"activism.Our":[136],"results":[137],"indicate":[138,171],"that":[139,150,240,251,258,268,283],"passive":[140],"behaviour":[142],"is":[143,160,182,242,270,277,301],"at":[144,206],"core":[146],"environment":[149],"creates":[151,350],"conflict.":[152,236],"One":[153],"thekey":[155],"drivers":[156],"low":[158,167],"activity":[159],"non-transparent":[162],"voting":[163,241],"process":[164],"resulting":[165],"participation":[168],"rates.":[169],"Studies":[170],"thatblockchain":[172],"can":[173],"solve":[174],"this":[175,292,326],"issue,":[176],"thus":[177],"mitigating":[178],"conflict,":[180],"an":[183],"attractive":[184],"proposition":[185],"board":[187],"members.":[188],"Themost":[189],"frequent":[190],"related":[195],"composition":[198],"boards":[200],"directors":[202],"compensation":[204],"schemesobserved":[205],"shareholder":[207,217],"voting.":[208],"Using":[209],"settlement":[212],"would":[213],"eliminate":[214],"ambiguity":[215],"registersand":[218],"prevent":[219],"such":[220],"strategies":[221],"as":[222],"\u201cempty":[223],"voting\u201d.":[224],"Smart":[225],"promise":[227],"like":[232],"audit,which":[233],"weakens":[235],"Even":[237],"skeptics":[238],"agree":[239],"promising":[244],"application":[245],"blockchain.":[247],"thereis":[249],"evidence":[250],"poses":[253],"its":[254],"own":[255],"problems,":[256],"smart":[259],"associated":[262],"with":[263],"practical":[264],"risks.":[265],"Somecritics":[266],"argue":[267],"less":[271],"efficient":[272],"conventional":[274],"procedures.Blockchain":[276],"among":[278],"top":[280],"digital":[281],"technologies":[282],"business":[284,315],"leaders":[285],"have":[286],"monitor":[288],"closely.":[289],"As":[290],"such,":[291],"overview":[293],"ofthe":[294],"most":[295],"up-to-date":[296],"thinking":[297],"subject":[300],"relevant":[302],"anyone":[304],"interested":[305],"future":[308],"andthe":[312],"digitalisation":[313],"processes.":[316],"evaluation":[318],"serves":[319],"highlight":[321],"current":[323],"status":[324],"innovative":[327],"resource,outlining":[328],"professionals":[331],"newcomers":[333],"what":[334],"exactly":[335],"blockchain\u2019s":[336],"potential":[337],"uses":[338],"are,":[341],"while":[342],"alsooutlining":[343],"where":[344],"lack":[346],"quantitative":[348],"opportunities":[351],"further":[353],"contributions":[354],"field.":[358],"Thisstudy":[359],"will":[360],"be":[362],"instructive":[363],"investigating":[366],"implementation":[368],"optimal":[371],"characteristics":[372],"thesolution.":[374]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2020-01-10T00:00:00"}
