Question
In: Finance
How are IT Governance and general Corporate Governance related?
How are IT Governance and general Corporate Governance related?
Solutions
Expert Solution
Corporate governance is the system where rules, processes or laws by which organisations are directed and controlled. Whereas Information Technology Governance is a process used to monitor and control key decisions in an organisation based on information technology in order to ensure value to all the stakeholders.
IT governance should form an integral part of corporate governance. Because, the corporate governance issues can no longer be solved without the application of information technology. Corporate governance is depend upon information technology and should set IT governance. Thus they are related to each other. Information technology can help the organisation to implement strategic plans. Thus IT governance enables the enterprise for effective corporate governance. IT governance need to be integrated into the overall corporate governance structure.
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