Abstract
References
- Almeida R.S. (2013). Implementing IT governance, Master Thesis in Information Systems and Computer Engineering, Tecnico Lisboa.
- Bauer R., Eicholtz P., Kok N., (2010). Corporate governance and performance: The REIT effect, Real Estate Economics, 38 (1): 1-29. DOI: 10.1111/j.1540-6229.2009.00252.x
- Bowen P. L., Cheung M., Rohde F.H. (2007). Enhancing IT governance practices: A model and case study of an organization's efforts, International Journal of Accounting Information Systems, 8: 191–221. DOI:10.1016/j.accinf.2007.07.002
- Buchwald A, Urbach N. (2013). Understanding IT governance success and its impact: Result from an interview study, Proceedings of the 21st European Conference on Information Systems (ECIS 2013), Utrecht, Niederlande, Juni 5-8, 2013
- Diamond L. (2005). IT Governance: How Top Performers Manage IT Decision Rights for Superior Results, International Journal of Electronic Government Research-Book Review, 1(4): 63-67
- Eicholtz P., Kok N., Yonder E. (2019, December 7), Real estate, governance, and the global economic crisis, Retrieved from https://sustainable-finance.nl/upload/researches/Eichholtz-et-al_Real-Estate-Governance-and-the-Global-Economic-Crisis.pdf
- Hartzell J. C., Sun L., Titman S., (2006). The effect of corporate governance on investment: Evidence from real estate investment trusts, Real Estate Economics, 34(3): 343-376. https://doi.org/10.1111/j.1540-6229.2006.00170.x
- Hartzell, J.C., Kallberg J.G., Liu C.H., (2008). The role of corporate governance in initial public offerings: Evidence from real estate investment trusts, The Journal of Law and Economics, 51(3): 539-562.
- Guldentops E, (2019, December 7), Key success factors for implementing IT governance: Let’s not wait for regulators to tell us what to do, Information Systems Audit and Control Association, Retrieved from https://www.isaca.org.
- Kakabedse N, Kakabedse A, (2001). IS/IT governance: Need for an integrated model, Corporate Governance 1(4): 9-11
- Kohl, N., Schaefers, W. (2012), Corporate governance and market valuation of publicly traded real estate companies: Evidence from Europe, The Journal of Real Estate Finance and Economics, 44(3): 362-393. DOI: 10.1007/s11146-010-9236-5
- Kummerow, M, Chan Lun J. (2005) Information and Communication Technology in the Real Estate Industry: Productivity, Industry Structure and Market Efficiency, Telecommunications Policy 29 173–190
- Nfuka N., Rusu, L, (2011). The Effect of critical success factors on IT governance performance, Industrial Management & Data Systems, 111(9): 1418-1448. DOI: 10.1108/02635571111182773
- Nfuka N., Rusu, L, (2010). Critical success factors for effective IT governance in the public sector organisations in a developing country: The case of Tanzania, 18th European Conference on Information Systems
- Saetang S., Haider A. (2014). IT governance, risk management and value delivery in construction organizations: Literature review analysis, Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate.
- Weill P, Ross J. (2019, December 7). IT governance on one page, Retrieved from https://cisr.mit.edu/blog/documents/2004/11/30/mit_cisrwp349_itgovononepage.pdf/
Abstract
Purpose - Information technology is the core issue that all the companies need to re-evaluate and re-organize to adapt themselves to the digital world. This study investigates the critical IT governance factors for effective and sustainable success and the growth of real estate investment companies and developing a new IT governance framework.
Methodology - The common literature about IT governance is searched and by taking into consideration of the dynamics of the industry, the conceptual framework is developed for specifically real estate industry.
Findings- The model developed is suggesting the corporate cultures, organizational structures and industry culture as critical IT governance (ITG) existence factors for the real estate industry. Effective IT tool selection and effective data flow and integration are also recommended as IT governance effectiveness parameters. Sustainable growth, asset utilization, cost-effectiveness, and business flexibility are evaluated as the positive and successful business outcomes of ITG effectiveness in the real estate industry.
Conclusion- Based on the researches made in past studies, this research seems to be the first in the literature that develops an IT governance framework for real estate investment companies in emerging economies.
References
- Almeida R.S. (2013). Implementing IT governance, Master Thesis in Information Systems and Computer Engineering, Tecnico Lisboa.
- Bauer R., Eicholtz P., Kok N., (2010). Corporate governance and performance: The REIT effect, Real Estate Economics, 38 (1): 1-29. DOI: 10.1111/j.1540-6229.2009.00252.x
- Bowen P. L., Cheung M., Rohde F.H. (2007). Enhancing IT governance practices: A model and case study of an organization's efforts, International Journal of Accounting Information Systems, 8: 191–221. DOI:10.1016/j.accinf.2007.07.002
- Buchwald A, Urbach N. (2013). Understanding IT governance success and its impact: Result from an interview study, Proceedings of the 21st European Conference on Information Systems (ECIS 2013), Utrecht, Niederlande, Juni 5-8, 2013
- Diamond L. (2005). IT Governance: How Top Performers Manage IT Decision Rights for Superior Results, International Journal of Electronic Government Research-Book Review, 1(4): 63-67
- Eicholtz P., Kok N., Yonder E. (2019, December 7), Real estate, governance, and the global economic crisis, Retrieved from https://sustainable-finance.nl/upload/researches/Eichholtz-et-al_Real-Estate-Governance-and-the-Global-Economic-Crisis.pdf
- Hartzell J. C., Sun L., Titman S., (2006). The effect of corporate governance on investment: Evidence from real estate investment trusts, Real Estate Economics, 34(3): 343-376. https://doi.org/10.1111/j.1540-6229.2006.00170.x
- Hartzell, J.C., Kallberg J.G., Liu C.H., (2008). The role of corporate governance in initial public offerings: Evidence from real estate investment trusts, The Journal of Law and Economics, 51(3): 539-562.
- Guldentops E, (2019, December 7), Key success factors for implementing IT governance: Let’s not wait for regulators to tell us what to do, Information Systems Audit and Control Association, Retrieved from https://www.isaca.org.
- Kakabedse N, Kakabedse A, (2001). IS/IT governance: Need for an integrated model, Corporate Governance 1(4): 9-11
- Kohl, N., Schaefers, W. (2012), Corporate governance and market valuation of publicly traded real estate companies: Evidence from Europe, The Journal of Real Estate Finance and Economics, 44(3): 362-393. DOI: 10.1007/s11146-010-9236-5
- Kummerow, M, Chan Lun J. (2005) Information and Communication Technology in the Real Estate Industry: Productivity, Industry Structure and Market Efficiency, Telecommunications Policy 29 173–190
- Nfuka N., Rusu, L, (2011). The Effect of critical success factors on IT governance performance, Industrial Management & Data Systems, 111(9): 1418-1448. DOI: 10.1108/02635571111182773
- Nfuka N., Rusu, L, (2010). Critical success factors for effective IT governance in the public sector organisations in a developing country: The case of Tanzania, 18th European Conference on Information Systems
- Saetang S., Haider A. (2014). IT governance, risk management and value delivery in construction organizations: Literature review analysis, Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate.
- Weill P, Ross J. (2019, December 7). IT governance on one page, Retrieved from https://cisr.mit.edu/blog/documents/2004/11/30/mit_cisrwp349_itgovononepage.pdf/
Details
| Primary Language | English |
|---|---|
| Subjects | Finance, Business Administration |
| Journal Section | Articles |
| Authors | |
| Publication Date | December 30, 2019 |
| Published in Issue | Year 2019 Volume: 8 Issue: 4 |
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