Analysis of IT Governance on Spanish Organizations - Enterprise Information Systems Design, Implementation and Management: Organizational Applications - page 439

Chapter 28
Analysis of IT Governance
on Spanish Organizations

Alberto J. Arroyo
ALAMCIA S. L., Spain

José D. Carrillo Verdún
Universidad Politécnica de Madrid. Spain

AbstrAct

Corporate governance is a key element today in organizations and companies. IT Governance, as a
part of corporate governance, plays its role in aligning IT with the business and obtaining the maximum
value, minimizing the risks. Several frameworks and guidelines have been published in order to set the
basis for this discipline. The recent release of the ISO 38500 (ISO 2008) ads an effort to standardize the
different elements of IT governance. Despite these efforts, none of the different frameworks or guidelines
is focused on the specific characteristics of small and medium companies (SMOs), although the authors
consider that their conclusions are universal. Furthermore, there is no research so far that analyzed the
status of IT governance in Spanish organizations. The aim of this work is to do a research to identify the
state of the art of IT governance in the Spanish small and medium organizations.

introduction

quer said, “it is clear that corporate governance
should have been far more effective in holding
bank executives to account” (Treasury 2009).
Corporate governance is based on the called
“agenda issue”. The agenda issue handles the
different interests of shareholders and managers.
While the first can focus on increasing the value of
the company, the second can be more concentrated
on different things, such as increasing the size of
the company through mergers and acquisitions, or
in an international expansion effort. This is can be

Corporate governance is not an old issue that has
already been solved. The recent credit crunch has
its origins in a failure of corporate governance
in the companies (Moxey 2008).Thus, corporate
governance is now, more than ever, on top of the
agenda of executives and governs all over the
world. Just as an example, regarding the banking
industry in the UK, the Chancellor of the Exche-