Sarcouncil Journal of Entrepreneurship and Business Management

Sarcouncil Journal of Entrepreneurship and Business Management

An Open access peer reviewed international Journal
Publication Frequency- Monthly
Publisher Name-SARC Publisher

ISSN Online- 2945-3720
Country of origin- PHILIPPINES
Impact Factor- 4.1
Language- English

Keywords

Editors

Ensuring Economic and Financial Security of Companies Through the Use of the Open Data Portal

Keywords: Open Data Portal (ODP); Economic Security; Financial Risk Management; Digital Governance; Open Government Data (OGD); Smart Technologies; Data-Driven Decision Making; Enterprise Risk; Transparency; Innovation; Public Sector Information (PSI).

Abstract: This article examines the role of open data portals (ODPs) in enhancing the economic and financial security of enterprises within the modern digital economy. In light of increasing global risks and the rapid growth of socio-economic complexities, the study explores how open government data (OGD) can contribute to informed decision-making, risk assessment, and transparency for companies. Drawing on a multidisciplinary framework that integrates policy analysis, digital governance, and risk management, the paper emphasizes the benefits of open data usage for businesses, such as improved data-driven decisions, proactive risk identification, and competitiveness in volatile markets. It further highlights the structural evolution of ODPs, detailing their typologies, technological requirements, and strategic implications. Additionally, the article addresses the challenges of data quality, implementation costs, and privacy concerns. The findings underline the transformative potential of OGD as a tool for economic resilience, and propose strategic recommendations for enhancing its application in corporate and public governance

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