Information Governance Policies and Organizational Infonomics of Microfinance Banks in South-South Nigeria

Author(s): ETETE Ephraim Ogumelek and Prof. (Mrs.) A.E. BESTMAN

Abstract:
This study explored the relationship between information governance policies and organizational infonomics within microfinance banks in South-south Nigeria, Information governance policy is defined as a comprehensive document aligning with corporate governance, involving stakeholders to formalize the management of corporate information assets (Basma, 2019). Organizational infonomics refers to embedding of information values within an organizational culture to achieve operational efficiency and informed decision-making. By focusing on access control and compliance framework policies which are the dimensions of information governance, the study analyzed 211 valid survey responses from 77 banks and found a significant relationship between information governance policies and organizational infonomics. The results further highlight that organizational culture acts as a critical moderator, significantly influencing the strength of the relationship between information governance policies and organizational infonomics. Consequently, the findings emphasize that robust access control and compliance framework policies are essential for driving the success and sustainability of information value that leads to operational efficiency and inform decision making within the Nigerian microfinance banking sector..

Keywords: Information governance policy, access control policy, compliance framework policy, inform decision making, operational efficiency organizational infonomics.

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