Impact of Effective IT Governance on Organizational Performance and Economic Growth in Canada

Main Article Content

Farhang Salehi
Bentolhoda Abdollahbeigi
Seyedyaser Sajjady

Abstract

During the last decade, information technology (IT) has been playing a more important role for organizations in achieving their goals. Recently, information technology governance (ITG) has become a critical issue for many companies in various industries. This study aims to examine the importance of information technology governance on organization success and economic growth in Canada. Structural Equation Modeling (SEM) will be used for testing the developed hypotheses generating from the theoretical framework of the study. The data will be obtained from managers in the Information and Communications Technology (ICT) industry; Samples will be selected from eight provinces of Canada (British Colombia, Ontario, Alberta, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, and Prince Edward Island). This topic of research has considerable significance in Canada; a significant contribution of this study is the construction of a theoretically based model that assimilates the effective information technology governance, and organizational performance, and Economic growth of Canada.  By considering the impact of effective IT governance and organizational performance in the Canadian Information and Communications Technology sector, effective IT governance could improve organization performance which leads to a positive impact on Canadian economic growth.

Keywords:
IT Governance, organization performance, economic growth, Canada.

Article Details

How to Cite
Salehi, F., Abdollahbeigi, B., & Sajjady, S. (2021). Impact of Effective IT Governance on Organizational Performance and Economic Growth in Canada. Asian Journal of Economics, Finance and Management, 3(2), 14-19. Retrieved from https://globalpresshub.com/index.php/AJEFM/article/view/945
Section
Original Research Article

References

Joshi A, Bollen L, Hassink H, De Haes S, Van Grembergen W. Explaining IT governance disclosure through the constructs of IT governance maturity and IT strategic role. Information & Management. 2018;55(3):368-380.

Turel O, Liu P, Bart C. Board-Level IT Governance. IT Professional. 2019;21(2):58-65.

Kosasi S, Yuliani IDAE. Accelerating and Optimizing Digital Businesses through IT Governance. In 2020 International Seminar on Application for Technology of Information and Communication (iSemantic). IEEE. 2020;98-103.

Khouja M, Rodriguez IB, Halima YB, Moalla S. IT governance in higher education institutions: A systematic literature review. International Journal of Human Capital and Information Technology Professionals (IJHCITP). 2018;9(2):52-67.

Jayashree S, Salehi F, Abdollahbeigi B, Malarvizhi CA. Factors influencing intention to use E-Government services among Iran citizens. Indian Journal of Science and Technology. 2016;9:34.

Information and Communications Technology Council of Canada; 2020.
Available:www.ictc-ctic.ca/, (ICTC)

Alaeddini M, Hashemi SA. Evaluating the performance of IT Governance in Service-Oriented Enterprises. In ICT for a Better Life and a Better World. Springer, Cham. 2019;323-333.

Levesque M. Governance models for rural accessible transportation: insights from Atlantic Canada. Disability & Society. 2020;1-27.

Albayrak AC, Gadatsch A. IT Governance model for small and medium sized enterprises. In Munich, European. Mediterranean & Middle East Conference on Informafion Systems (EMOIS). 2012;380-390.

Ayat M, Masrom M, Sahibuddin S, Sharifi M. Issues in implementing it governance in small and medium enterprises. In 2011 Second International Conference on Intelligent Systems, Modelling and Simulation. IEEE. 2011;197-201.

Olutoyin O, Flowerday S. Successful IT governance in SMES: an application of the Technology-Organisation-Environment theory. South African Journal of Information Management. 2016;18(1):1-8.

Abdollahbeigi B, Salehi F. The role of electronic government in Malaysian companies. International Journal of Economics, Commerce and Management Research Studies. 2018;1(4).

Salehi F, Jayashree S, Malarvizhi CA, Abdollahbeigi B. The effect of involvement of senior management in IT, Strategy Committee, Organizational Demographics through Effective IT Governance on Organization Performance. International Information Institute (Tokyo). Information. 2018;21(4):1265-1272.

Mergel I. Digital service teams in government. Government Information Quarterly. 2019;36(4):101389.

Héroux S, Fortin A. The moderating role of IT-business alignment in the relationship between IT governance, IT competence, and innovation. Information Systems Management. 2018;35(2):98-123.

Salehi F, Abdollahbeigi B. A study on the effect of innovation in product technology on competitive advantage. International Journal of Advanced Engineering and Management. 2017;2(11):279-283.

Abdollahbeigi B, Salehi F. The critical factors of IT governance and its impact on organizational performance in Malaysian manufacturing industry. Serbian Journal of Management. 2020;15(1):81-99.

Gupta R, Pal SK. Learning and developing with each other: case of collaborative innovation through ICT in India and Canada. In Leveraging Digital Innovation for Governance, Public Administration, and Citizen Services: Emerging Research and Opportunities. IGI Global. 2020;132-146.

Ghouma H, Ben-Nasr H, Yan R. Corporate governance and cost of debt financing: Empirical evidence from Canada. The Quarterly Review of Economics and Finance. 2018;67:138-148.

da Silva HCC, Dornelas JS, da Silveira DS, Lucena RB. The Governance of information technology and its formal and informal mechanisms: proposing a framework for the context of small and medium enterprises. Revista de Empreendedorismo e Gestao de Pequenas Empresas. 2019;8(3):200-231.

Cormier D, Gutierrez LG, Magnan M. Market enforcement under different legal regimes: a comparison of France and Canada. Journal of Management and Governance. 2020;24(1):37-61.

Müller R, Drouin N, Sankaran S. Governance of organizational project management and megaprojects using the viable project governance model. Handbook of Systems Sciences. 2020;1-27.

Abdollahbeigi B, Salehi F. The effect of external environment characteristics on effective IT governance through organizational performance. The Journal of Technology Management and Technopreneurship (JTMT). 2019;7(1):19-28.

He MQY, Peiris KDA, Myers M. IT governance strategies for SMEs in the Fourth Industrial Revolution. In PACIS. 2019;161.

Woodhouse H. A symposium on academic freedom and collegial governance in sweden and Canada. Interchange.