政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/121468

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | 全文笔数/总笔数 : 112721/143689 (78%)
造访人次 : 49530146 在线人数 : 901

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

政大機構典藏 > 商學院 > 會計學系 > 期刊論文 > Item 140.119/121468

请使用永久网址来引用或连结此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/121468

题名:	Seeking Value Through Deviation? Economic Impacts of IT Overinvestment and Underinvestment
作者:	Ho, Joanna;Tian, Feng;Wu, Anne;Xu, Sean Xin Wu, Anne 吳安妮
贡献者:	會計系
关键词:	investment;firm performance;deviation;overinvestment;underinvestment;Red Queen;concentrated ownership
日期:	2017-12
上传时间:	2018-12-22 11:48:00 (UTC+8)
摘要:	This study addresses the economic impacts of information technology (IT) overinvestment and underinvestment decisions. Based on the view of Red Queen competition in conjunction with institutional theory, we hypothesize that overinvestment and underinvestment in IT have nonlinear performance impacts. Drawing on the idea of management control mechanisms, we further hypothesize that the performance impacts are conditional on ownership concentration. Using a sample of S&P 500 firms, we find that, on average, there is a positive relationship between a firm`s overinvestment in IT and Tobin`s q, although that relationship attenuates at higher levels of overinvestment. However, there is, on average, no relationship between a firm`s underinvestment in IT and its Tobin`s q. Importantly, the payoff for underinvestment becomes positive for companies with founding-family ownership. Implications for research and practice are discussed.
關聯:	Information Systems Research, Volume 28, Issue 4, Pages iii-vi, 681-886
数据类型:	article
DOI 連結:	http://dx.doi.org/10.1287/isre.2017.0710
DOI:	10.1287/isre.2017.0710
显示于类别:	[會計學系] 期刊論文

文件中的档案:

档案	描述	大小	格式	浏览次数
isre.2017.0710.pdf		677Kb	Adobe PDF2	324	检视/开启

在政大典藏中所有的数据项都受到原著作权保护.

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

数据加载中.....