Corporate Governance of Enterprise IT: Research Study on IT Governance Maturity
Despite the financial crisis and ongoing need for cost
cutting, companies all around the world heavily invest in Information
Systems (IS) and underlying Information Technology (IT).
Proliferation of governance of enterprise IT helps companies manage,
or rather, governs IS as a primary business function with executive
management involved in making decision about IS and IT. The
business value of IT is raising with the involvement of the executive
management in IT decision making process and quality IT
governance mechanisms in place. In this paper the practice of
governing the enterprise IT will be investigated on a sample of the
largest 100 Croatian companies. Research questions posed here will
reveal if there are some formal IT governance mechanisms, are there
any differences in perceived role of IS and IT between CIOs (Chief
Information Officers) and CEOs (Chief Executive Officers) of the
sampled companies and what are the mechanisms to govern massive
investment in enterprise IT.
[1] Brynjolfson, E. and Hitt, L.M. (1993): Is Information Systems Spending
Productive? New Evidence and New Results, Proceedings of the
International Conference on Information Systems, Orlando, FL, pp. 47-
64.
[2] Dameri, R.P., (2009): Improving the Benefits of IT Compliance Using
Enterprise Management Information Systems, The Electronic Journal
Information Systems Evaluation, Volume 12, Issue 1, 2009, pp. 27-38.
[3] Ernst & Young (2011): Into the Cloud, Out for of the Fog, Global
Information Security Survey 2011, Ernst & Young, USA.
[4] Gartner (2002): ‘The Elusive Business Value of IT’, August 2002.
[5] Groznik, A., Kovačič, A., Spremić, M., (2003): Do IT Investments Have
a Real Business Value?, Applied Informatics, No. 4, 2003, pp. 180-189.
[6] ISACA (2012): Extracting Value from Information Chaos: Why Good
Governance Makes Good Sense, CobiT 5, ISACA, Rolling Meadows,
Illinois, USA
[7] ITGI (2011): ITGI Global Status Report on the Governance of
Enterprise IT, IT Governance Institute, Rolling Meadows, Illinois, USA
[8] Mashour, A., Zaatreh, Z. (2008): A Framework for Evaluating
Effectiveness of Information systems at Jordan Banks: An Empirical
Study, Journal of Internet Banking & Commerce, April 2008, Vol. 13,
Num. 1.
[9] Nolan, R. and McFarlan, F.W., (2005): Information Technology and
Board of Directors, Harvard Business Review, October, 2005.
[10] Payment Card Industry (PCI) Data Security Standard (2010):
Requirements and Security Assessment Procedures, Version 2.0,
October 2010, PCI Security Standards Council LLC.
[11] Peppard, J., Ward, J., (2004): Beyond Strategic Information Systems:
towards an IS Capability, Journal of Strategic Information Systems, 13
(2004), pp. 167-194.
[12] Singleton, T. (2012): Evaluating Access Controls Over Data, ISACA
Journal, Vol. 1, ISACA, Rolling Meadows, Illinois, USA.
[13] Spremic, M., Strugar, I. (2002): Strategic Information System Planning
in Croatia: Organizational and Managerial Challenges, International
Journal of Accounting Information Systems, Vol. 3, Num. 3, pp. 183-
200.
[14] Spremić, M. (2009): IT Governance Mechanisms in Managing IT
Business Value, WSEAS Transactions on Information Science and
Applications, Issue 6, Volume 6, June 2009, pp. 906-915
[15] Spremić, M. (2012): Measuring IT Governance Performance: A
Research Study on CobiT- Based Regulation Framework Usage, International Journal of Mathematics and Computers in Simulation,
Volume 1, Issue 6, pp. 17-25
[16] Tam K. Y. (1998): The Impact of Information Technology Investments
on Firm Performance and Evaluation: Evidence form Newly
Industrialized Economies. Information Systems Research, 9, 1, 1998, pp.
85-98.
[17] Van Grembergen, W., De Haes, S., (2005): Measuring and Improving IT
Governance through the Balanced Scorecard, Information System
Control Journal, Vol. 2, 2005.
[18] Weill, P., Ross, J.W., (2004): IT Governance: How Top Performers
Manage IT Decision Rights for Superior Results, Harvard Business
School Press, 2004.
[1] Brynjolfson, E. and Hitt, L.M. (1993): Is Information Systems Spending
Productive? New Evidence and New Results, Proceedings of the
International Conference on Information Systems, Orlando, FL, pp. 47-
64.
[2] Dameri, R.P., (2009): Improving the Benefits of IT Compliance Using
Enterprise Management Information Systems, The Electronic Journal
Information Systems Evaluation, Volume 12, Issue 1, 2009, pp. 27-38.
[3] Ernst & Young (2011): Into the Cloud, Out for of the Fog, Global
Information Security Survey 2011, Ernst & Young, USA.
[4] Gartner (2002): ‘The Elusive Business Value of IT’, August 2002.
[5] Groznik, A., Kovačič, A., Spremić, M., (2003): Do IT Investments Have
a Real Business Value?, Applied Informatics, No. 4, 2003, pp. 180-189.
[6] ISACA (2012): Extracting Value from Information Chaos: Why Good
Governance Makes Good Sense, CobiT 5, ISACA, Rolling Meadows,
Illinois, USA
[7] ITGI (2011): ITGI Global Status Report on the Governance of
Enterprise IT, IT Governance Institute, Rolling Meadows, Illinois, USA
[8] Mashour, A., Zaatreh, Z. (2008): A Framework for Evaluating
Effectiveness of Information systems at Jordan Banks: An Empirical
Study, Journal of Internet Banking & Commerce, April 2008, Vol. 13,
Num. 1.
[9] Nolan, R. and McFarlan, F.W., (2005): Information Technology and
Board of Directors, Harvard Business Review, October, 2005.
[10] Payment Card Industry (PCI) Data Security Standard (2010):
Requirements and Security Assessment Procedures, Version 2.0,
October 2010, PCI Security Standards Council LLC.
[11] Peppard, J., Ward, J., (2004): Beyond Strategic Information Systems:
towards an IS Capability, Journal of Strategic Information Systems, 13
(2004), pp. 167-194.
[12] Singleton, T. (2012): Evaluating Access Controls Over Data, ISACA
Journal, Vol. 1, ISACA, Rolling Meadows, Illinois, USA.
[13] Spremic, M., Strugar, I. (2002): Strategic Information System Planning
in Croatia: Organizational and Managerial Challenges, International
Journal of Accounting Information Systems, Vol. 3, Num. 3, pp. 183-
200.
[14] Spremić, M. (2009): IT Governance Mechanisms in Managing IT
Business Value, WSEAS Transactions on Information Science and
Applications, Issue 6, Volume 6, June 2009, pp. 906-915
[15] Spremić, M. (2012): Measuring IT Governance Performance: A
Research Study on CobiT- Based Regulation Framework Usage, International Journal of Mathematics and Computers in Simulation,
Volume 1, Issue 6, pp. 17-25
[16] Tam K. Y. (1998): The Impact of Information Technology Investments
on Firm Performance and Evaluation: Evidence form Newly
Industrialized Economies. Information Systems Research, 9, 1, 1998, pp.
85-98.
[17] Van Grembergen, W., De Haes, S., (2005): Measuring and Improving IT
Governance through the Balanced Scorecard, Information System
Control Journal, Vol. 2, 2005.
[18] Weill, P., Ross, J.W., (2004): IT Governance: How Top Performers
Manage IT Decision Rights for Superior Results, Harvard Business
School Press, 2004.
@article{"International Journal of Business, Human and Social Sciences:70796", author = "Mario Spremić", title = "Corporate Governance of Enterprise IT: Research Study on IT Governance Maturity ", abstract = "Despite the financial crisis and ongoing need for cost
cutting, companies all around the world heavily invest in Information
Systems (IS) and underlying Information Technology (IT).
Proliferation of governance of enterprise IT helps companies manage,
or rather, governs IS as a primary business function with executive
management involved in making decision about IS and IT. The
business value of IT is raising with the involvement of the executive
management in IT decision making process and quality IT
governance mechanisms in place. In this paper the practice of
governing the enterprise IT will be investigated on a sample of the
largest 100 Croatian companies. Research questions posed here will
reveal if there are some formal IT governance mechanisms, are there
any differences in perceived role of IS and IT between CIOs (Chief
Information Officers) and CEOs (Chief Executive Officers) of the
sampled companies and what are the mechanisms to govern massive
investment in enterprise IT.", keywords = "IT governance, governance of enterprise IT,
information system auditing, IT maturity.", volume = "9", number = "9", pages = "3071-5", }
