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This study examines the impact of cybersecurity investment (CyberinV) on the strength of IT (ITCAP) in Mena companies and examines whether ITgoveFF IT effectiveness alleviates this relationship. Between 2013 and 2024, we use unbalanced panel 840 fixed years and apply fixed effects (Fe), high-dimensional fixed effects (HDFE), two-stage smallest squares (2SL), and systemic methods of GMM to be responsible for heterogeneity of solid heterogeneity, endogenity, and persistence. The results show that Greater CyberinV is significantly and positively related to ITCAP, indicating better capacity to control IT risk, control, and compliance with regulations in digital business. Control variables, such as ITEXP skills, system integration (sysint), BCP, compliance regulators (regcomp), and company size, explain another scattering in the IT ability. The ITGoveFf moderating role is positive but is not significant in all estimates, suggesting that during this period, alignment may not be in the management of suddenly strengthening or increasing the yield of cyber security. In conclusion, the results show that strong IT investment and integrated management have a key effect on sustainable digital performance between Mena.
Hammouri et al. (Mon,) studied this question.