ABSTRACT We investigate the impact of board monitoring on information technology (IT) investment, and the chief information officer (CIO) presence’ role on this relationship. We argue that firms with a… Click to show full abstract
ABSTRACT We investigate the impact of board monitoring on information technology (IT) investment, and the chief information officer (CIO) presence’ role on this relationship. We argue that firms with a vigilant board of directors will devote greater funds to IT. The results indicate that the outside directors’ ratio positively influences IT investment, but the chief executive officer duality negatively influences it. Further, the CIO presence weakens the relationship between the outside directors’ ratio and IT investment.
               
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