THE RELATIONSHIP BETWEEN INFORMATION TECHNOLOGY GOVERNANCE AND THE PERFORMANCE OF SMES IN NIGERIA: EMPIRICAL EVIDENCE FROM ILORIN, KWARA STATE
Yunus, Abdulrasheed Bolaji , Abdulrafiu, Dauda ,Opefolu Francis Olatunji , Muhammed, Lawal Subair and Alkadriyar Sherifdeen
Volume 5 Issue 1
Abstract
One of these ideas that arose out of nowhere and became a significant concern in the field of information technology, particularly with regard to the operations of SMEs, is IT governance. To accomplish the integration of business and IT, some firms began by implementing IT governance. Small and medium-sized enterprises contribute significantly to innovation, revenue generation, economic dynamism, and job creation while also accounting for the shift to a market economy. Performance and its indicators have been categorized differently based on the methods and goals of the business. Using data from a subset of SMEs in Ilorin Metropolis, this study looked at the information technology governance and performance of SMEs in Nigeria. Both primary and secondary data were employed in the investigation. While the secondary data was taken from various literatures and annual reports that were available online and at the library, the primary data was obtained from the field during the research process from a selection of SMEs. The study hypotheses were tested using ordinal logit regression, and the results showed a strong relationship between the performance of SMEs and portfolio management. The study then came to the conclusion that in order to achieve their goals and achieve great results, SMEs need think about both portfolio management and investment management. As a result, the study suggests that when it comes to SMEs and IT governance, researchers and practitioners alike should adopt a more unique perspective of SMEs. Key words: Governance, SMES, Information Technology, Performance
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