Thecontrol objectives for information and related technology (COBIT) is a”trusted” open standard that is being used increasingly by a diverserange of organizations throughout the world. COBIT is arguably the mostappropriate control framework to help an organization ensure alignment betweenuse of information technology (IT) and its business goals, as it placesemphasis on the business need that is satisfied by each control objective by J.Colbert, and P.
Bowen (1996). This paper reports on the use of a simpleclassification of the published literature on COBIT, to highlight some of thefeatures of that literature. The appropriate alignment between use of IT andthe business goals of a organization is fundamental to efficient and effectiveIT governance. IT governance “..
.is the structure of relationships andprocesses to develop, direct and control IS/IT resources in order to achievethe enterprise’s goals”. IT governance has been recognized as a criticalsuccess factor in the achievement of corporate success by deploying informationthrough the application of technology by N. Korac-Kakabadse and A. Kakabadse(2001).
The importance of IT governance can be appreciated in light of theGartner Group’s finding that large organizations spend over 50% of their capitalinvestment on IT by C. Koch (2002). However, research has suggested that thecontribution of IT governance varies in its effectiveness.
IT controlframeworks are designed to promote effective IT governance. Recent pressures,including the failure of organizations such as Enron, have led to an increasedfocus on corporate accountability. For example, the Sarbanes-Oxley Act of 2002introduced legislation that imposed new governance requirements by G. Coppin(2003). These and other changes have resulted in a new corporate governancemodel with an increased emphasis on IT governance, which goes beyond thetraditional focus of corporate governance on financial aspects by R.