Bridging the Gap between Business and IT: An Information Governance Perspective in the Banking Industry - Data Governance: Creating Value from Information Assets - page 238

executives leave no doubt that information governance is an increasingly
important subject for the banking industry. Among the reasons given for
this importance are the benefits provided, such as reduced costs, reduced
exposure to legal risk, and improved performance. Therefore, developing
and implementing an IGF would seem to be the natural course to take,
though there is no one-size-fits-all solution. Which factors contained in
the IGF presented herein will be considered of importance by an organi-
zation and which will not will depend on that organization's particular
level of maturity, its own characteristics, and its decisions regarding the
desired improvements.
ACKNOWLEDGMENTS
I would like to thank Professor Antonio Carlos Gastaud Maçada from
Universidade Federal do Rio Grande do Sul, and Professor Kuldeep
Kumar from City University of Hong Kong for their advice and sugges-
tions. I would also like to thank Professor Neera Bhansali from Florida
International University for her very helpful comments. Special thanks to
all bank executives that agreed to participate in our research. Last, but not
least, my thanks to CAPES Foundation—Ministry of Education of Brazil,
and Universidade Banco Central do Brasil (UniBacen) for their support.
Fernando A. Faria
REFERENCES
ABBI. 2009. Função de Compliance. Online at: http://www.abbi.com.br/download/
funcaode compliance_09.pdf (accessed September 14, 2011).
Anderson, D. W., S. J. Melanson, and J. Maly. 2007. The evolution of corporate governance:
Power redistribution brings boards to life. Corporate Governance 15 (5).
Bailey, S. 2011. Measuring the impact of records management data and discussion from the
U.K. higher education sector. Records Management Journal 21 (1): 46-68.
Basole, R. 2008. Enterprise mobility: Researching a new paradigm. Information Knowledge
Systems Management 7: 1-7.
Beccalli, E. 2007. IT European bank performance. New York: Palgrave MacMillan.
Becher, D., and M. Frye. 2011. Does regulation substitute or complement governance?
Journal of Banking & Finance 35: 736-751.
Beijer, P. 2009. Meaningfulness in Information Governance: A new literacy is required.
Primavera Working Paper. University of Amsterdam.