A Lag Effect of IT Investment on Firm Performance

被引:51
作者
Lee, Sangho [1 ]
Kim, Soung [2 ,3 ]
机构
[1] Korea Adv Inst Sci & Technol, Decis Support Syst, Daejeon, South Korea
[2] Korea Adv Inst Sci & Technol, Ctr Knowledge Based E Govt, Daejeon, South Korea
[3] Korea Adv Inst Sci & Technol, Grad Sch Management, Daejeon, South Korea
关键词
information intensity; IS investment; IS value; organizational impacts; time lag;
D O I
10.4018/irmj.2006010103
中图分类号
G25 [图书馆学、图书馆事业]; G35 [情报学、情报工作];
学科分类号
1205 ; 120501 ;
摘要
This article discusses the positive effects of IT investment on firm financial performance when a distinct range of characteristics is examined. The relationship between IT investment and firm performance considering the information intensity of the industry is explored using a distributed lag model. Findings indicate both a positive effect and a positive lag effect of IT investment. The effects of IT investment in the high information-intensive industry are significantly larger than in the low information-intensive industry. Furthermore, a lagged effect of IT investment is larger than an immediate effect, regardless of the information intensity of the industry. We conclude that firms in the high information-intensive industry need to be more cognizant of performance factors when investing in IT investment than in the low information-intensive industry. Moreover, it is necessary to consider the time lag between IT investment and firm performance.
引用
收藏
页码:43 / 69
页数:27
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