The Impact of Information Technology Management Practices on the Performance of Life Insurance Companies

Author(s):  
Lorin M. Hitt
Author(s):  
Armanda Tola

Enterprise risk management (ERM) has emerged a significant change starting from the way firms manage their complex portfolio of risks. Particularly, the insurance companies that use ERM have shown propensity of success during their daily operation and have been capable to diminish the collective risk of their output. This study draws attention to the performance, firm value and capital allocation effects of ERM adoption in emerging economies using the case of non- life insurance companies in Albania. The objective of the paper is to examine the effects trigged by ERM implementation on their firm value and the factors that caused it based on a structural and institutional theoretical framework. The sample is the population itself including all the non-life insurance companies which have implemented ERM from 2015 and on. The methodology includes explanatory field study through semi-structured interviews with the key actors of risk management departments of these companies. This study distinguishes the impact of institutional and managerial pressures in adapting ERM in non-life insurance companies, based on empirical evidence and field study. The aim is to contribute in a better understanding of all the forces driving ERM adoption and implementation and the change in risk management practices and capital allocation within non-life insurance companies in Albania. The findings identify the nature of internal and external factors which can be useful in creating new policies in relation of improving risk management systems and corporate governance.


2012 ◽  
Vol 2012 ◽  
pp. 1-7 ◽  
Author(s):  
James E. Eckles

This study of 41 highly ranked liberal arts colleges in the United States attempts to determine if there is any observable impact on the efficiency of the institutions relative to differing practices of information technology management in the context of a resource-based view of the colleges. The institutions are grouped into high- and low-efficiency groups according to their performance in graduating students. Five themes emerge from a review of the literature of information technology management in higher education. Ten independent variables representing IT management practices in those five areas are then compared across the two groups of high- and low-efficiency institutions. No significant difference was found between the two groups on any of the ten variables. Several potential reasons for this finding are discussed.


2013 ◽  
Vol 25 (4) ◽  
pp. 50-74 ◽  
Author(s):  
Brandis Phillips

The purpose of this research is to put forth a model that examines the impact of information technology (IT) related management practices upon IT effectiveness. Given the nature and use of these practices as a management activity, control theory is used as a framework to determine if IT management practices serving as controls can achieve positive outcomes. A portion of the Control Objectives for IT (COBIT) framework is used as a proxy for management practices due to the ability to ground the COBIT practices in previous literature and serve as IT controls. The results of a survey of IT and audit professionals suggest that the model put forth with IT related management practices as an independent second order factor, does indeed explain variance in perceptions of IT effectiveness as mediated through perceptions of IT value and perceptions of IT risk however only IT value is a significant predictor of IT effectiveness.


2018 ◽  
Vol 11 (12) ◽  
pp. 1
Author(s):  
Abdulla Awadh Abdulla Abdulhabib ◽  
Hassan Al-Dhaafri

The study mainly aims at investigating the impact that happens to the organizational performance as an impact of utilizing both information technology management and training. In-depth investigation of literature indicates the necessity of the proposal of the current research. The current study has utilized various theories including Knowledge Based View (KBV) and Resource Based View of the firm (RBV) so as to achieve the main purpose of the research. It also aimed at examining the impact of IT management and training on the performance of the organization. The study used a questionnaire as a tool. The researcher distributed a number of 341 questionnaires randomly on some department of the police in Sharjah. When the questionnaires were filled, the researcher used SPSS system in order to accurately analyze the results. The study concluded that the organizational performance of the Sharjah police has been positively affected by using information technology management. In addition, the research shows that it is essential to utilize on information technology management, training and strategy management on order to affect the performance of the organization successfully.


2003 ◽  
Author(s):  
Paul J. Granetto ◽  
Richard B. Bird ◽  
David F. Vincent ◽  
Barbara A. Sauls ◽  
H. R. Tollefson

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