Has Big Data Empowerment Improved Corporate Governance?- A Study Based on the Shenzhen Stock Exchange's "E-Platform"

Abstract

In recent years, the continuous development and application of big data technology has promoted the popularity of digital media platforms, and the establishment of official websites represented by the SZSE's e-platform has served as a medium of information dissemination to attract and encourage more and more people to actively monitor and participate in the decision-making governance of companies through online means. Therefore，the paper focuses on the effectiveness of the e-platform policy in empowering citizens to participate as an external governance force in corporate governance. The empirical research and analysis of this paper reveals that empowered citizens who speak online and communicate with company managers help to improve information disclosure and reduce information asymmetry, while managers are rewarded and pressurized to reduce irrational behaviour and thus improve the effectiveness of corporate governance. The paper combines the background of the times to break through the traditional concept of corporate governance research, providing ideas and inspiration for the introduction and improvement of big data technology in future corporate governance research, and improving the effectiveness of corporate governance in the new trend.