Information Systems Research
The Impact of E-Commerce Announcements on the Market Value of Firms
Information Systems Research
Trust and Radio Frequency Identification (RFID) Adoption within an Alliance
HICSS '05 Proceedings of the Proceedings of the 38th Annual Hawaii International Conference on System Sciences - Volume 07
What does RFID do for the consumer?
Communications of the ACM - Special issue: RFID
The Pros and Cons of RFID in Supply Chain Management
ICMB '05 Proceedings of the International Conference on Mobile Business
HICSS '07 Proceedings of the 40th Annual Hawaii International Conference on System Sciences
Information Technology and Management
Examining RFID applications in supply chain management
Communications of the ACM - Creating a science of games
Journal of Management Information Systems
Market Value Impacts of Information Technology Enabled Supply Chain Management Initiatives
Information Resources Management Journal
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This paper examines the impact of RFID investment announcements on the market value of the firms and explores industry effects of the positive abnormal returns to firms making the announcements. Drawing upon the efficient market theory, market signaling hypothesis, and prior empirical studies, we employ event study methodology to analyze RFID investment announcements over a six-year period from 2001 to 2006. In this paper, we present preliminary results that demonstrate an overall positive abnormal return to RFID investment announcements over the three-day event window. In addition, industry differences in market returns to RFID investment announcements are observed with a greater return realized in the manufacturing sector and specifically in the information technology industry segment and for technology vendors' investment initiatives. These preliminary findings provide useful implications for a better understanding of the benefits of RFID adoption and for making decisions in RFID investment and adoption to create value for the firms.