The management of information technology, governance, and managerial characteristics
Authors: Karake, Z.A.
Journal: Information Systems Journal (1995)
DOI: 10.1111/j.1365-2575.1995.tb00099.x
<jats:p><jats:bold>Abstract. </jats:bold> Using a sample of Fortune 500 industrial firms, this study hypothesizes that various infra‐organizational factors, including those commonly associated with agency, governance and managerial characteristics of the firm, that affect the decision to create a top management executive position for a chief information officer (CIO). Statistically meaningful relationships were observed between the creation of a top executive CIO position and (1) top management's equity interests, (2) the number of outside directors on the board, (3) Chief Executive Officer (CEO) age, and (4) CEO Experience.</jats:p>