How do information strategy and information technology governance influence firm performance?

Organizations today engage in turbulent competition to seize opportunities and cope with challenges by making strategy planning, increasing information technology (IT) investment, and other means. Based on survey data through questionnaires, this paper constructs models to explore the synergistic ef...

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Main Authors: Fanlin Wang, Jianing Lv, Xiaoyang Zhao
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-12-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.1023697/full
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author Fanlin Wang
Jianing Lv
Xiaoyang Zhao
author_facet Fanlin Wang
Jianing Lv
Xiaoyang Zhao
author_sort Fanlin Wang
collection DOAJ
description Organizations today engage in turbulent competition to seize opportunities and cope with challenges by making strategy planning, increasing information technology (IT) investment, and other means. Based on survey data through questionnaires, this paper constructs models to explore the synergistic effects of information strategy (IS) and IT governance (ITG) on firm performance. The results show that, first, ITG and IS as explanatory variables have a significant influence on firm performance. Second, ITG has a positive effect on the relationship between IS and firm performance. This study extends existing research on IS and ITG by exploring the synergistic effects of IS and ITG on firm performance. The conclusion provides management insight and practical guidance for enterprises by actively implementing IS to improve firm performance to transform from the inherent pattern of traditional governance to the new technology governance.
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spelling doaj.art-ddcabdfa5dbd46e0a61c72eb0e118f162022-12-22T04:19:58ZengFrontiers Media S.A.Frontiers in Psychology1664-10782022-12-011310.3389/fpsyg.2022.10236971023697How do information strategy and information technology governance influence firm performance?Fanlin Wang0Jianing Lv1Xiaoyang Zhao2School of Accounting, Capital University of Economics and Business, Beijing, ChinaSchool of Accounting, Capital University of Economics and Business, Beijing, ChinaSchool of Business Administration, Huaqiao University, Quanzhou, ChinaOrganizations today engage in turbulent competition to seize opportunities and cope with challenges by making strategy planning, increasing information technology (IT) investment, and other means. Based on survey data through questionnaires, this paper constructs models to explore the synergistic effects of information strategy (IS) and IT governance (ITG) on firm performance. The results show that, first, ITG and IS as explanatory variables have a significant influence on firm performance. Second, ITG has a positive effect on the relationship between IS and firm performance. This study extends existing research on IS and ITG by exploring the synergistic effects of IS and ITG on firm performance. The conclusion provides management insight and practical guidance for enterprises by actively implementing IS to improve firm performance to transform from the inherent pattern of traditional governance to the new technology governance.https://www.frontiersin.org/articles/10.3389/fpsyg.2022.1023697/fullinformation strategyIT governancefirm performancesynergistic effectsIT investment
spellingShingle Fanlin Wang
Jianing Lv
Xiaoyang Zhao
How do information strategy and information technology governance influence firm performance?
Frontiers in Psychology
information strategy
IT governance
firm performance
synergistic effects
IT investment
title How do information strategy and information technology governance influence firm performance?
title_full How do information strategy and information technology governance influence firm performance?
title_fullStr How do information strategy and information technology governance influence firm performance?
title_full_unstemmed How do information strategy and information technology governance influence firm performance?
title_short How do information strategy and information technology governance influence firm performance?
title_sort how do information strategy and information technology governance influence firm performance
topic information strategy
IT governance
firm performance
synergistic effects
IT investment
url https://www.frontiersin.org/articles/10.3389/fpsyg.2022.1023697/full
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