Strategic factor markets: expectations, luck, and business strategy
Management Science
The growing risks of information systems success
MIS Quarterly
In the age of the smart machine: the future of work and power
In the age of the smart machine: the future of work and power
Asset stock accumulation and sustainability of competitive advantage
Management Science
Asset stocks and sustained competitive advantage: a comment
Management Science
In search of sustainability: Reaping long-term advantage from investments in information technology
Journal of Management Information Systems
Strategic information technology investments: guidelines for decision making
Journal of Management Information Systems
Journal of Management Information Systems
Information partnerships shared data, shared scale
Harvard Business Review
Action characteristics as predictors of competitive responses
Management Science
Understanding the CEO/CIO relationship
MIS Quarterly
The productivity paradox of information technology
Communications of the ACM
Information assets, technology, and organization
Management Science
Does successful investment in information technology solve the productivity paradox?
Information and Management
The Mythical Man-Month: Essays on Softw
The Mythical Man-Month: Essays on Softw
Essentials of Management Information Systems: Organization and Technology
Essentials of Management Information Systems: Organization and Technology
Information Systems Research
Reviewing Event Studies in MIS: An Application of the Firm Value Framework
HICSS '03 Proceedings of the 36th Annual Hawaii International Conference on System Sciences (HICSS'03) - Track 8 - Volume 8
Reexamining the Value Relevance of E-Commerce Initiatives
Journal of Management Information Systems
Journal of Management Information Systems
Market reactions to E-business outsourcing announcements: an event study
Information and Management
Market reaction to application service provider (ASP) adoption: An empirical investigation
Information and Management
IT investments disclosure, information quality, and factors influencing managers' choices
Information and Management
Path Dependence of Dynamic Information Technology Capability: An Empirical Investigation
Journal of Management Information Systems
Journal of Management Information Systems
The impact of Business Intelligence systems on stock return volatility
Information and Management
The impact of XBRL adoption in PR China
Decision Support Systems
Hi-index | 0.00 |
Our objective in this paper is to develop a firm value model to assist IT managers and researchers in understanding the multiple effects that IT investments have on firm value. This firm value approach adds to the process-oriented approach through simultaneous evaluation of all of the factors that affect firm value. It is crucial for IT professionals to recognize the complex and diverse implications of IT investments on firm value. The implications of the firm value approach include forcing IT managers to think in terms of both industry and company-specific effects of IT investments, to consider both the magnitude and duration of competitive advantage due to IT investments, and the implications of the effect that IT investments have on risk and its relation to firm value. We demonstrate an application of the firm value framework by evaluating a major stream of research in MIS-event studies of IT investment announcements. Appendices to this paper can be found at http://www.itandfirmvalue.com.