Using a sample of 198 Fortune 500 companies, explores the differential effects of a number of characteristics, grounded in a broad agency theory framework, on the decision to create a chief information office (CIO) position, where the CIO acts as an informational control agent. Companies were more likely to create a top CIO position if: (1) top management′s equity were large; (2) the company had a large number of outside directors on the board; (3) the company′s technological level was advanced. Examines the role of the CIO as managing information technology as it pertains to enhancing the control function of management.
Karake, Z.A. (1992), "Chief Information Officers: Organizational Control and Company Characteristics", Logistics Information Management, Vol. 5 No. 4, pp. 27-33. https://doi.org/10.1108/09576059210021355
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