Board Information Technology Governance and Business Agility: An Empirical Analysis Among Bosnian Enterprises

The goal of this paper is to empirically investigate and analyze the board's involvement in the information technology governance (ITG) function and how the ITG degree has implications for enterprise agility and financial performance. The analysis primarily relies on perceptual metrics. That is board members' views on the importance and impact of the decisions considered and made on the business outcome. The contribution is reflected in the relation of several of the most significant enterprise resources in complex conditions. The approach seeks to determine whether enterprise agility and business performance are the result of a higher degree of ITG or are critical elements of contingency. The test results show that enterprise agility has a significant indirect impact between ITG attainment and performance and that predefined IT role factors drive this relationship. The limitation of the research is that the capital market is not sufficiently developed in Bosnia and Herzegovina, and the responsibilities of the IT supervisory and audit bodies are not fully formulated.