Future of Corporate Governance in the Age of the Fourth Industrial Revolution in the Public Sector.
Abstract
The paper discusses the impact of the Fourth Industrial Revolution(4IR) on corporate governance, particularly in the public sector. It highlightsthe necessity for modern governance frameworks that can adapt totechnological advancements. With the rapid changes brought about by 4IR,existing governance practices and stakeholder dynamics require re-evaluation to maintain or enhance organisational performance. Using amixed-methods approach, the research gathered data from public sectorstakeholders through purposive and convenience sampling. Quantitative datawere analysed using SPSS and Microsoft Excel, while qualitative data werethematically analysed. Findings reveal a strong consensus among stakeholdersabout the transformative potential of 4IR, which is expected to increasetransparency in governance processes. Key recommendations from the studyinclude enhancing digital governance frameworks to promote transparencyand accountability, upskilling the workforce to adapt to new technologies,and leveraging emerging technologies to improve governance practices andstakeholder engagement. The research emphasises the need for policymakersto develop frameworks that facilitate the adoption of these digitalgovernance practices, encouraging training programs on emergingtechnologies and fostering a culture of accountability and diverse leadership.Ultimately, the study points to the urgency for public sector governance toevolve in response to rapid technological change, ensuring resilience andeffectiveness in the governance landscape shaped by the Fourth IndustrialRevolution. This study was conducted by the authors and has not beenpublished elsewhere. This paper seeks to explore the profound impact of 4IRtechnologies such as Artificial Intelligence, Internet of Things and Blockchainon their role on shaping corporate governance. It also provides valuableinsights for the public sector and policymakers on how operations are goingto be influenced by 4IR.
Fields of Study & Subjects
E-Government and Public Services
Public Administration and Political Analysis
Public Administration in Developing Nations
Publication details
- Journal / source
- Zenodo (CERN European Organization for Nuclear Research)
- Publication date
- 19 January 2026