We find that U.S. corporations’ demand for liquidity is sensitive to two important factors: uncertainty facing the firm and the quality of corporate governance. Following prior research, we find that both factors have important influences on firms’ cash holdings. Our results also indicate that the interactions between uncertainty and governance measures are significant. From a policy perspectiv...

This paper investigates the impact of governance on economic reform and performance in transition economies. The applied concept of governance allows the identification of institutional impediments to transition in a comparative way. The empirical analysis of the concept confirms the view that governance matters. The panel data set constructed for this study allows to identify three independent...

Information communication technology (ICT) governance is a subset of the larger notion of "corporate governance". As ICT issues become increasingly important and information becomes one of the most valuable assets of organisations, the sound governance of ICT becomes a major factor in organisational success. Standards such as the Australian New Zealand Standard on ICT Governance provide useful ...

Effective IT governance will ensure alignment between IT and business goals. Organizations with ineffective IT governance will suffer due to poor performance of IT resources such as inaccurate information quality, inefficient operating costs, runaway IT project and even the demise of its IT department. This study seeks to examine empirically the individual IT governance mechanisms that influenc...