“…There exist numerous sets of such principles with different scope. We reviewed several previous studies assessing IP practices in different countries and regions (Al‐Jamal & Abu‐Shanab, ; Dayarathna, ; Marotta‐Wurgler, ; Maumbe, Owei, & Alexander, ; Nwaeze et al, ; Oetzel & Spiekermann, ; Stanaland & Lwin, ; Stewart, Kane, & Storey, ; Wright & Raab, ; Wu, Huang, Yen, & Popova, ) and found that the most commonly used sets of principles are: (1) the Organization for Economic Co‐operation and Development (OECD) principles, (2) the Fair Information Practice (FIP), (3) international standard for privacy principles developed by ISO, (4) the General Accepted Privacy (GAP) principles by the Canadian Institute of Chartered Accountants and the American Institute of Certified Public Accountants, and (5) the European General Data Protection Regulation (GDPR).…”