Unveiling the Determinants of Effective IT Governance: A Conceptual Framework for India's Public Listed Companies

Effective information technology governance (ITG) is critical for ensuring organizational success, particularly in an era where technological advancements shape business operations. For public listed companies in India, ITG effectiveness hinges on specific determinants such as IT strategy, IT risk management, performance measurement, resource allocation, and government support. These elements collectively enable organizations to mitigate financial losses, safeguard sensitive data, and align IT investments with business objectives. This study emphasizes the importance of a well-defined IT strategy to align technology initiatives with organizational goals, robust IT risk management to anticipate and mitigate threats, and performance measurement systems to evaluate the impact of IT on business outcomes. Additionally, efficient resource allocation ensures the optimal utilization of technological and human capital, while proactive government support enhances regulatory compliance and fosters a conducive environment for ITG. Despite the recognized importance of ITG, inconsistencies in its implementation are often attributed to limited awareness among key decision-makers and misaligned policies. By presenting a conceptual framework based on these determinants, this paper addresses a significant research gap and provides actionable insights for optimizing ITG practices. Through this framework, public listed companies can enhance collaboration between IT and business teams, avoid costly inefficiencies, and build resilience in an increasingly competitive and technology-driven environment.