Digital Governance and Transparency in Asset Disposal: Evidence from The Gcc Region
DOI:
https://doi.org/10.60087/jklst.vol5.n1.002Abstract
Purpose: This study investigates the role of digital governance and transparency mechanisms in transforming the used vehicle and equipment asset disposal market across the Gulf Cooperation Council (GCC) region. The research seeks to identify prevailing governance deficiencies in the sector and evaluate how digital tools, including secure digital verification systems, integrated regulatory compliance platforms, and digital auction marketplaces, address these shortcomings within the context of the region's ongoing national reform and digital transformation agendas. Design/Methodology/Approach: The study adopts a qualitative, systematic secondary research methodology, synthesising evidence from peer-reviewed academic literature, multilateral policy reports, government publications, and international industry assessments. A conceptual framework integrating institutional theory and digital transformation theory is developed to structure the analysis across input, process, and output dimensions of digital governance adoption. Findings: The findings demonstrate that the GCC used vehicle and equipment disposal sector is characterised by significant informality, valuation inconsistencies, documentation deficiencies, and cash transaction governance risks. Digital governance mechanisms demonstrably reduce information asymmetry, improve price discovery, and enhance regulatory compliance, generating material improvements in resale optimisation outcomes. A five-stage Digital Governance Maturity Model is proposed to guide the sector's progressive digitalisation. Practical Implications: The paper provides actionable recommendations for GCC government agencies, private sector asset managers, and policymakers seeking to leverage existing digital infrastructure to strengthen governance and market efficiency in the asset disposal sector. Originality/Value: This study is among the first to systematically examine digital governance in the GCC asset disposal market, bridging institutional theory, digital transformation research, and asset management practice in an underexplored regional context.
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