Board-level competency and firm performance in the information age

Abstract

This article examines how Information Technology (IT) governance impacts on the board of directors concerning firms' performance. The review covers the concepts of firm performance (financial and non-financial) and the board level IT competence. Most studies dwell on the financial aspects to the neglect of the non-financial elements. Also, less emphasis was on the younger board concerning age diversity. Similarly, the studies emanate generally from North America, with a lack of such from Europe, Asia, South America, and Africa. Besides, big organisations had coverage to the disadvantage of the medium-sized firms that are more in number and also contribute more to the GDP and exports of nations. The research suggests that a board composition that promotes the representation of directors with relevant IT competencies can offer valuable insights to mobilise and reconfigure IT assets to create firm value.