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JIPS 2009 5.3 Article 2

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Prod. Code: JIPS2009-5.3Art2

A Framework of Using Captive Insurance to Streamline IT
Control and Compliance Management

Xia Zhao, University of North Carolina at Greensboro,
Ling Xue, University of Scranton


To streamline IT compliance management and reduce the compliance cost, large
companies need to address the issues of incentive and information. This article
proposes a framework which illustrates how companies can use a risk management
approach - captive insurance - to resolve these issues and ultimately achieve costefficient
IT compliance management.