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Information security (InfoSec) policy violations are of great concern to all organisations worldwide, especially in the financial industry. Although the importance of InfoSec policy has been highlighted for many decades, InfoSec breaches still occur due to a low level of employee compliance and a lack of engagement and competence in high-level management. However, previous studies have primarily investigated the behavioural aspects of InfoSec policy compliance at the individual level rather than the managerial factors involved in constructing InfoSec policy and developing its effectiveness. Thus, drawing on neo-institutional theory and a transformational leadership framework, this research investigated the influence of external mechanisms and transformational leadership on InfoSec policy effectiveness.

The research model was implemented using field survey data from professional managers in the financial sector.

The results reported that neo-institutional mechanisms and transformational leadership shape InfoSec policy effectiveness in an organisation.

This study broadens current InfoSec policy research from an individual level to a managerial perspective and enhances the existing literature on neo-institutional and transformational leadership in the context of InfoSec. It highlights the need to evaluate InfoSec policy based on external factors and to support transformational leadership styles that promote InfoSec policy enforcement and effectiveness.

The purpose of this paper is to report the results of an exploratory investigation of the behavioral factors in relation to virtual knowledge sharing among Multimedia University students, Malaysia, based on the theory of reasoned action (TRA).

A search and review of the existing literature was followed by an empirical test of the proposed model in the pilot study (number of participants: n=50) and the main study (n=250).

Trust, anticipated reciprocal relationship and willingness to share knowledge as an individual's attitude; while identification and organizational culture acting as subjective norms, indirectly have an impact on individual's intention to share knowledge virtually. No positive relationship was discovered between the degree of competition and an individual's attitude to share knowledge; nor between collectivism and subjective norms.

The results may have been influenced by self‐selection bias, as only one university was sampled.

This study encourages academic researchers and service providers in educational institutions to focus on an individual's attitude and institutional subjective norms to comprehend students’ behavior in virtual knowledge sharing and to improve the knowledge sharing activities among them, allowing scholars to benefit from better results in their routine academic tasks.

The results indicate that trust, anticipated reciprocal relationship and willingness to share knowledge were significant predictors of an individual's intention to share knowledge indirectly through their attitude toward knowledge sharing. Therefore, lecturers interested in developing and sustaining knowledge exchange through virtual communities should develop strategies or mechanisms that encourage the interaction and strength of the relationships among students. Lecturers can encourage reciprocity by using extrinsic motivators such as assigning rewards for knowledge sharing activities among students. Also, lecturers can facilitate the factor of “trust” among student relationships by enhancing the norm of reciprocity.