This paper investigates the impact of the volatility of the underlying macroeconomic fundamentals on

exchange rate volatility utilizing the bounds testing approach to cointegration. The results show that, in the

long run the volatility of the money supply is the sole determinant, whereas in the short run overshooting

is found.

This study is part of a larger study that explores societal and organizational culture factors that influence the adoption of information systems (IS) in Libya’s Oil and Banking sectors (Twati & Gammack, 2004; 2006). Using a structured survey questionnaire based on the work of Geert Hofstede’s Value Survey Module (VSM 94), 400 questionnaires were administrated to middle and top management employees in more than 15 government and public organizations in the two named industry sectors. The findings showed that there is a direct positive relationship between Hofstede’s (1980) societal culture dimensions and the adoption of IS. The findings also showed that there are no differences in the societal culture dimensions between the two sectors covered in this study. This implies that the adoption of IS is influenced by societal culture and other factors, which are worthy of investigating. The future implications of this research are also discussed

Purpose

This study sets out to explore the impact of organisational culture innovation on the adoption of information systems (IS) in Libya's oil and banking sectors.

Design/methodology/approach

Using a structured survey questionnaire based on Cameron and Quinn's Organisational Culture Assessments Instrument (OCAI), 400 questionnaires were administered to middle and top management employees in more than 15 government and public organisations in Libya's oil and banking sectors.

Findings

The findings showed that there is a relationship between organisational culture innovations and the adoption of IS. The findings also showed that there are no differences in the organisational culture type between the two sectors covered in this study.

Originality/value

The findings imply that organisational culture innovations are influenced by other factors, which are worthy of investigation. The future implications of this research are also discussed.

urpose This study sets out to explore the impact of organisational culture innovation on the adoption of information systems (IS) in Libya's oil and banking sectors. Design/methodology/approach Using a structured survey questionnaire based on Cameron and Quinn's Organisational Culture Assessments Instrument (OCAI), 400 questionnaires were administered to middle and top management employees in more than 15 government and public organisations in Libya's oil and banking sectors. Findings The findings showed that there is a relationship between organisational culture innovations and the adoption of IS. The findings also showed that there are no differences in the organisational culture type between the two sectors covered in this study. Originality/value The findings imply that organisational culture innovations are influenced by other factors, which are worthy of investigation. The future implications of this research are also discussed.