TY - JOUR
T1 - Making government data valuable for constituents
T2 - The case for the advanced data analytics capabilities of the ENHANCE framework
AU - Kozlowski, Stephen
AU - Issa, Hussein
AU - Appelbaum, Deniz
PY - 2018/3/1
Y1 - 2018/3/1
N2 - Constituent demands for improved transparency in governmental reporting have increased since the 2008 financial crisis in the U.S. that impacted the financial well-being of many individuals and entities, including state and local municipalities. Since then, several governmental entities have provided an open data environment. However, these early initiatives do not incorporate robust analytic capabilities that are able to satisfy numerous and varied constituent inquiries. This research proposes development of the ENHanced ANalytic Constituent Environment (ENHANCE) framework in response to the analytic nature of the inquiries from various governmental stakeholders such as citizens, analysts, bond investors, creditors, vendors, auditors, and oversight officials. The ENHANCE framework bridges the gap between constituents’ current analytic capabilities and their demands for increased transparency. This research contributes to the literature by highlighting the capabilities of the proposed ENHANCE tool and the underlying series of analytic "apps" that can provide meaningful information to a governmental entity’s stakeholders.
AB - Constituent demands for improved transparency in governmental reporting have increased since the 2008 financial crisis in the U.S. that impacted the financial well-being of many individuals and entities, including state and local municipalities. Since then, several governmental entities have provided an open data environment. However, these early initiatives do not incorporate robust analytic capabilities that are able to satisfy numerous and varied constituent inquiries. This research proposes development of the ENHanced ANalytic Constituent Environment (ENHANCE) framework in response to the analytic nature of the inquiries from various governmental stakeholders such as citizens, analysts, bond investors, creditors, vendors, auditors, and oversight officials. The ENHANCE framework bridges the gap between constituents’ current analytic capabilities and their demands for increased transparency. This research contributes to the literature by highlighting the capabilities of the proposed ENHANCE tool and the underlying series of analytic "apps" that can provide meaningful information to a governmental entity’s stakeholders.
KW - Data analytics
KW - Governmental data
KW - Open governmental reporting
UR - http://www.scopus.com/inward/record.url?scp=85051403892&partnerID=8YFLogxK
U2 - 10.2308/jeta-52096
DO - 10.2308/jeta-52096
M3 - Article
AN - SCOPUS:85051403892
SN - 1554-1908
VL - 15
SP - 155
EP - 167
JO - Journal of Emerging Technologies in Accounting
JF - Journal of Emerging Technologies in Accounting
IS - 1
ER -