The Open Organizational Data Project explores how to create the legal, policy and technology framework for a data exchange to facilitate efficient comparison of organizational data across regulatory schemes as well as public reuse and annotation of that data. By designing a universal exchange rather than a new numbering scheme, OrgPedia aims to achieve goals like improving corporate transparency and efficiency, organizational performance, risk management, and data-driven regulatory policy's without having to wait until legislation is enacted for a single, legal entity identifier.
By facilitating the "mashing up" of disparate data sets about the ownership, structure, performance and regulatory compliance of organizations, the hope is to achieve reduced compliance and investment costs, improved corporate accountability, greater consumer protection, and create an important new research and reporting test bed that will foster critical, data-driven journalism and scholarship about the life of organizations.
