Information systems research: Aligning to industry challenges in management of regulatory compliance

Abdullah, Norris Syed, Sadiq, Shazia and Indulska, Marta (2010). Information systems research: Aligning to industry challenges in management of regulatory compliance. In: Ting-Peng Liang and Houn-gee Chen, PACIS 2010 Proceedings. 14th Pacific Asia Conference on Information Systems, Taipei, Taiwan, (546-557). 9-12 July 2010.

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Author Abdullah, Norris Syed
Sadiq, Shazia
Indulska, Marta
Title of paper Information systems research: Aligning to industry challenges in management of regulatory compliance
Conference name 14th Pacific Asia Conference on Information Systems
Conference location Taipei, Taiwan
Conference dates 9-12 July 2010
Proceedings title PACIS 2010 Proceedings
Journal name PACIS 2010 - 14th Pacific Asia Conference on Information Systems
Place of Publication Taiwan
Publisher Pacific Asia Conference on Information Systems
Publication Year 2010
Sub-type Fully published paper
Editor Ting-Peng Liang
Houn-gee Chen
Volume 14
Start page 546
End page 557
Total pages 12
Language eng
Abstract/Summary Managing regulatory compliance is increasingly challenging and costly for organizations world-wide. While there is evidence that research on compliance management is on the increase, to facilitate industry-relevance there is a need to inform future research directions with empirical insights from practice. In this paper, we present the results of an empirical study that examines challenges in managing regulatory compliance, derived from Australian compliance management practitioners. The insights from the study are complemented by results from a set of interviews with compliance management experts. The study reveals the consolidated views of challenges in managing regulatory compliance as experienced by practitioners and as perceived by the experts in the Australian compliance industry. The results indicate core challenges that are agreed on by both stakeholder groups. In particular, the speed of regulatory changes/updates, organisational culture, risk management, scarcity of resources and a lack of value-add perception of compliance are considered the most critical five challenges. We present a discussion of these challenges and highlight their importance for Information Systems research.
Keyword Regulatory compliance
Compliance management
Compliance culture
Q-Index Code E1
Q-Index Status Provisional Code
Institutional Status UQ

Document type: Conference Paper
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Created: Sat, 18 Dec 2010, 00:26:40 EST by Karen Morgan on behalf of UQ Business School