Examining Complementary Effects of IT Investment on Firm Profitability: Are Complementarities the Missing Link?

被引:8
|
作者
Lee, Johnny Jiung-Yee [1 ]
Randall, Taylor [2 ]
Hu, Paul Jen-Hwa [3 ]
Wu, Anne [4 ]
机构
[1] Drexel Univ, LeBow Coll Business, Accounting Dept, Philadelphia, PA 19104 USA
[2] Univ Utah, David Eccles Sch Business, Sch Accounting, Salt Lake City, UT USA
[3] Univ Utah, David Eccles Sch Business, Dept Operat & Informat Syst, Salt Lake City, UT USA
[4] Natl Chengchi Univ, Sch Accounting, Taipei 11623, Taiwan
关键词
IT investment; firm profitability; IT business value; INFORMATION-TECHNOLOGY; ANNOUNCEMENTS; PRODUCTIVITY; PARADOX;
D O I
10.1080/10580530.2014.958342
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Prior research has documented that IT investment increases market returns. Economic theories predict such returns to be recognized in accounting profitability; this relationship remains ambiguous in prior literature. We reexamine the relationship between IT investment and firm profitability. Our approach is unique in that we examine complementarities between distinct IT components. We document that a firm's investments in IT components exhibit different impacts on its profitability conditional on the level of investments in complementary components.
引用
收藏
页码:340 / 352
页数:13
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