• Title/Summary/Keyword: Governance framework

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The Impact of Project Governance Factors on IT Project Objectives Performance (프로젝트 거버넌스의 구성요인들이 IT 프로젝트 목표 성과에 미치는 영향)

  • Jung-Soo Kim;Seung-Chul Kim;Hee Kyung Kim;Chang Won Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.241-250
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    • 2023
  • Companies are paying attention to project governance to realize their goal strategies, project success, and project value in a rapid and complex environment due to the development of information technology. This study aims to explore project governance and factors from literature review and practice guides related to project governance and empirically analyze the impact of project governance factors on IT project objective performance. The survey was conducted on project managers, project team members, and project management members with experience in carrying out business IT projects within two years at companies in various industries in Korea. The main conclusion is as follows. Among the project governance factors, disclosure and reporting that uses and reports using appropriate and reliable information about projects related to decision-making activities positively impact the achievement of IT project objectives: business success and stakeholder satisfaction. Among the project governance factors, project sponsorship, a role that effectively connects management and projects, and a project management framework that provides tools, procedures, resources, and techniques for projects positively impact IT project objective performance. This study is of academic and practical significance in that it identifies the definition and factors of project governance through companies in various industries in Korea and the positive impact of project governance factors on IT project objective performance.

Quality of Corporate Governance: A Review from the Literature

  • Rahman, Md. Musfiqur;Khatun, Naima
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.1
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    • pp.59-66
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    • 2017
  • The purpose of this paper is to review the quality of corporate governance from the prior empirical literature. This study finds that most of the researchers developed the self structured corporate governance index and few researchers used the corporate governance index provided by rating agencies. This study also finds that there is no uniform basis to measure the corporate governance quality and observed the variation in terms of overall and individual attributes of corporate governance; sub-indices of corporate governance; scoring system; weighted and un-weighted method; statistical method; time period; financial and non financial companies; code of corporate governance; listing requirement; disclosure practices; legal environment; firms characteristics; and country perspective. This study also observed that overall corporate governance quality is very low in most of the studies and even quality of corporate governance varies in the firms within the same country. This study recommends that the boundary of corporate governance quality should be defined based on the agreed set of rules and regulation, code of governance and practices. This study also suggests that the regulator and policy makers should more emphasize on code of corporate governance and regulatory framework and monitoring to improve the quality of corporate governance.

Plurality of urban governance in Nigeria and its implications on delivery of environmental services

  • Daramola, Oluwole;Olowoporoku, Oluwaseun
    • Advances in environmental research
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    • v.6 no.1
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    • pp.25-33
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    • 2017
  • This paper discussed plurality in urban governance in Nigeria and its implication on delivery of urban environmental services, with a focus on water supply, sanitation and solid waste disposal. Conceptually, it explained urban governance as the sum total of the ways of achieving an inclusive city and expressed the urban governance system of Nigeria based the legal framework set for them. The paper explored the environmental implications of urban governance in Nigeria. It concluded that urban governance has several implications on delivery of urban environmental services in Nigeria. The dualism in urban governance is a factor contributing towards inefficient delivery of environmental services such as water supply, sanitation and solid waste management in Nigeria. The paper recommended, among others, a constitutional reform that will guarantee efficient urban governance and delivery of environmental services in Nigeria.

A Study on Change in Climate Change Adaptation Governance of Korean Local Governments - Focusing on the Process of Developing the Climate Change Adaptation Action Plan and Its Implementation Stage - (지방자치단체 기후변화 적응 거버넌스 변화 연구 - 기후변화 적응대책 세부시행계획 수립 단계와 이후를 중심으로 -)

  • Koh, Jaekyung
    • Journal of Climate Change Research
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    • v.8 no.2
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    • pp.99-108
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    • 2017
  • This study aims to analyze the features of adaptation governance of local governments by applying a multi-level governance framework, and to draw policy implications. We analyzed changes in governance of 17 metropolitan cities/provinces, and 33 municipalities in terms of horizontal and vertical cooperation in the process of developing 'The Climate Change Adaptation Action Plan' and its implementation stage. The result shows that the plan contributed to the higher level of vertical cooperation between the central and the local governments to a certain extent, however, during the implementation stage, the level of the partnership decreased due to the absence of governance mechanism. These trends were statistically significant at the level of municipalities. The role of Korea Adaptation Center for Climate Change (KACCC) was also diminished after establishing the plan. The horizontal partnership level among the relevant departments of the local governments showed no significant change as the level was low even in the planning stage. Though Public-Private Partnership (PPP) has increased a bit, it was statistically significant only in the municipalities. Moreover, there was no governance mechanism for PPP or it did not work properly. Based on the results above, it is recommended that the effectiveness of the plans should be increased and support for climate change partnerships or forums at a local level that promotes adaptive capacity is needed. The role of metropolitan cities and provinces should be strengthened through building a multi-level partnership structure. Governance institutionalizing for monitoring and evaluation is also needed.

Environment of Doing Business in East Asia : South Korean Experience

  • Malek, Jihene
    • The Journal of Industrial Distribution & Business
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    • v.7 no.1
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    • pp.19-25
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    • 2016
  • Purpose - The purpose of this paper is to aim to stress the importance of doing business environment in South Korean economy. The theoretical justification is based on neo-institutional theories and new business management including Porter's Model as main justifications of state intervention due to the market failures to promote a competitive environment of doing business. Research design, data and methodology - The methods to be taken is to provide a comparative performance analysis, and offer in terms of doing business and economic freedom sub-index complemented by Korean reforms diagnostics. Results - The main results underlined the key factors explain the success of business environment in South Korea such as: a simplified registration procedures, a target tax incentives, the removal of business barriers, the improvement of legislative and regulatory framework, target reforms, property right and technical norms, good governance and the quality of institution, a role of a well-functioning legal framework, a strong competition framework, and the transparency of regulation, etc. Conclusion - A competitive environment of doing business is based on the target national strategies, appropriate reforms responding to national needs and good governance system.

Risk Management interaction model for Process of Information Security Governance (정보보호 거버넌스 프로세스를 위한 위험관리 상호작용 모델)

  • Song, You-Jin
    • KIPS Transactions on Computer and Communication Systems
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    • v.1 no.2
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    • pp.103-108
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    • 2012
  • Recently, IT Governance has been applied to business management environment. In this paper, we study business model that can minimize information security risk using IT governance in cloud computing environment. Especially, we propose the interaction model that link risk management for subject of information security governance. In our model, synergy means the effective, strategic and secure business support. And interaction analysis of BMIS's 4 elements and 6 dynamic interconnections is required. Therefore we propose interaction model which can link risk management based on COSO ERM or COBIT Risk IT Framework.

Relationship between Corporate Governance, Corporate Entrepreneurship and Value based Management

  • Singh, Tarika;Mehta, Seema;Saxena, Aditya;Sikarwar, Rakhi
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.2
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    • pp.24-36
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    • 2014
  • This study bridges the gap between management accounting, CG and entrepreneurship disciplines. Unlike previous studies, this study adopts a positivist approach to develop a contingency framework of CG that operationalises the conformance and performance dimensions into measurable constructs. The contingency framework also adopts a holistic approach that investigates the interrelationships between VBM, CG and CE, as important predictors of organizational performance, which can provide insights into the complementary or conflicting relationships among these predictors in their effects on organizational performance.

A Development of The IT Audit-Based Application Framework for University IT Governance (대학정보화 거버넌스를 위한 감리기반 응용프레임워크 개발)

  • Choi, Jae Jun;Kim, Chi su
    • KIPS Transactions on Software and Data Engineering
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    • v.8 no.5
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    • pp.179-186
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    • 2019
  • Information system audit, which provides effective diagnosis and inspection of IT governance, is applied to all aspects from planning to development and operation. However, there is a difficulty in carrying out the audit because the system for the specialized university IT project is not developed. Therefore, it is necessary to set the internal system as the audit-based application framework in order to apply it to university IT governance. In this paper, we propose a audit-based application framework of university information system developed for university. The framework has a difference from the existing audit system. By using this framework, it is possible to present a standard for the university IT project and easily approach and use it in the field. And it can be used for direct audit through this framework in the level of the auditor as well as the HQ admin. The framework categorizes the audit into three major dimensions and suggests a method that can be applied to the university information system audit through the UAFP(University Audit Framework Process) and quality assurance.

A Framework of Operational Continuity Management Governance (운영 연속성 관리 거버넌스 프레임 워크에 관한 연구)

  • Lee, Youngjai;Yun, Jungwon;Lee, Seongil
    • Journal of Korean Society of societal Security
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    • v.1 no.1
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    • pp.69-79
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    • 2008
  • Operational continuity is not a simple issue that can be solved by a Back-Up center or an alternate site. Strategic issues including law, standards, etc demand a new approach in terms of the operational continuity management (OCM). Also, it is necessary to develop a new framework of OCM governance as a part of the corporate governance. Experts from corporate governance insist that OCM can be included in the corporate operational control and so it is important to set up a strategy for OCM in the organization. This paper describes how OCM governance suggests two aspects of effectively controlling corporate risks in the viewpoint of corporate governance. First of all, the top corporate management develops the strategy of operational continuity with regard to the corporate governance. Secondly, there is the aspect of how to build up and manage the strategy of operational continuity in the corporations.

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A Study on Critical Success Factors for Implementing Information Security Governance (정보보호 거버넌스 구현을 위한 핵심성공요인에 관한 연구)

  • Kim, Kun-Woo;Kim, Jung-Duk
    • Journal of Digital Convergence
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    • v.8 no.4
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    • pp.97-108
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    • 2010
  • Nowadays, information security governance which is an integral part of corporate governance has become an important issue in protecting valuable business information assets. However, there are few organizations which have implemented information security governance because of its abstract concept. The objective of this paper is to develop CSFs for implementing information security governance. Ten CSFs were developed based on the ISO/IEC 27014 Information Security Governance Framework.

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