Assessing the value of information
ICIS '89 Proceedings of the tenth international conference on Information Systems
An evaluative framework for research on the performance effects of information technology investment
ICIS '89 Proceedings of the tenth international conference on Information Systems
Evaluation of strategic investments in information technology
Communications of the ACM
Is office productivity stagnant?
MIS Quarterly
Sustaining IT advantage: the role of structural differences
MIS Quarterly - Special issue on the strategic use of information systems
International dimensions of the productivity paradox
Communications of the ACM
Measuring information technology investment payoff
Understanding the business value of information systems: a flexibility-based perspective
Measuring information technology investment payoff
The Business Value of Computers: An Executive's Guide
The Business Value of Computers: An Executive's Guide
Corporation of the 1990s: Information Technology and Organizational Transformation
Corporation of the 1990s: Information Technology and Organizational Transformation
Creating business value with information technology
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This paper analyzes the relationship between IT expenditure and the monetary value of organizations. Based on the case of the Mexican banking industry from 1982-1992, the paper's hypotheses test the relationship between IT expenditure and the real and perceived market values of banks. Correlations are performed between annual IT expenditures for a 10 year period--when Mexico's commercial banks were owned by the federal government--and bank selling prices, when the industry divestiture took place in 1992. The main findings are that IT spending has a positive impact on the value of the firm, when the value of the firm reflects the change of ownership or the control of the firm. Second, firms spending more on IT do not tend to reach higher selling prices. Other findings are presented. The model and its results are discussed in terms of the literature about value of investment and the productivity paradox.