Inevitably, an accurate and timely financial statement contributes enormously to the success of many organizations. Therefore, accuracy and availability about financial information is vital for investors and shareholders in order to ease their decision making process. This paper aims to analyze the relation between the characteristics of corporate governance; board independence, ownership concentration, audit committee independence, expertise, meeting, size, internal audit investment and audit report lag among companies listed under Bursa Malaysia. The samples covered are among 180 companies listed at Bursa Malaysia for 2009 and 2010. The samples were chosen randomly from 843 companies, the population. Descriptive statistics have been used to provide better perception of the length of time needed by an auditor, to complete an audit. The results show that in average, the companies took about 100 days to complete their audit report with maximum and minimum days of 148 days and 26 days respectively. In addition, regression analysis was used to provide empirical evidence on which variables had strong bonding with audit report lag. The outcomes elicit that audit committee size, ownership concentration; organization size and profitability are significantly associated with audit report lag. However the other six variables (audit committee independence, meetings, expertise and types of auditors) were found to have insignificant relationship with audit report lag.

This study aims to examine whether there are association between IT related trainings and IT investments in the Malaysian technology-based companies. This study uses two types of IT related trainings namely intermediate IT trainings, and advanced IT trainings which have never been tested with IT investments in previous studies. The data were collected via annual reports in 2010 from 104 technology-based companies listed in Bursa Malaysia. Results from univariate test show that IT-based companies are actively involved in IT investments compared to engineering based companies. Result for intermediate IT trainings from linear regression shows, non-significant but result for advanced IT trainings are significant but with a weak association. Thus, result for second hypothesis is partially supported, but weak association with IT investments. From the same regression, result for third hypothesis also can be concluded that advanced IT trainings are significant but weak association with IT investments.

Purpose – This study provides a comprehensive review on the analysis of the current trend of IT governance publications and literature on IT governance and company performance.Methodology – The method of document analysis is used to collect the data published from 1992 to 2022 in the fields such as business and management studies, finance and accounting, corporate governance, and information technology.Scope of the study – This study revolves around the analysis of the current trend of IT governance publications and a literature on IT governance, including corporate governance and its relationship with corporate governance of IT, its meaning, mechanisms, IT governance standards from international and Malaysian best practices, and the effect of IT governance on company performance.Findings – Previous studies have found that adopting IT governance helps companies to achieve higher profits. However, the findings of the analysis revealed that there is still little research on the effect of IT governance on company performance. Although board and management involvement are important to ensure a high return on IT investment, the effect of these two elements on company performance has not been examined in previous studies.Practical Implications – The findings provide researchers with knowledge on IT governance that can improve the way companies conduct their IT and enhance their performance.Originality/ Value – This study is unique in that as it focuses on a comprehensive review of the analysis of the current trend of IT governance publications and a literature review on IT governance. The findings provide a clear picture of how the future research can be conducted by incorporating the effects of IT governance mechanisms, boards and management involvement on company performance.