A Frame of Reference for Research of Integrated Governance, Risk and Compliance (GRC)

  • Nicolas Racz
  • Edgar Weippl
  • Andreas Seufert
Part of the Lecture Notes in Computer Science book series (LNCS, volume 6109)

Abstract

Governance, Risk and Compliance (GRC) is an emerging topic in the business and information technology world. However to this day the concept behind the acronym has neither been adequately researched, nor is there a common understanding among professionals. The research at hand provides a frame of reference for research of integrated GRC that was derived from the first scientifically grounded definition of the term. By means of a literature review the authors merge observations, an analysis of existing definitions and results from prior surveys in the derivation of a single-phrase definition. The definition is evaluated and improved through a survey among GRC professionals. Finally a frame of reference for GRC research is constructed.

Keywords

governance risk compliance GRC integrated definition 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  • Nicolas Racz
    • 1
  • Edgar Weippl
    • 1
  • Andreas Seufert
    • 2
  1. 1.Institute for Software Technology and Interactive SystemsTU ViennaViennaAustria
  2. 2.Institut für Business IntelligenceSteinbeis Hochschule BerlinBerlinGermany

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