Applied multivariate statistics for the social sciences
Applied multivariate statistics for the social sciences
Justifying investments in new information technologies
Journal of Management Information Systems
Firm size and the information technology investment intensity of life insurers
MIS Quarterly - Special issue on the strategic use of information systems
How projected IS expenditures differ for growing versus declining organizations
Strategic information technology management
The role and value of information technology infrastructure: some empirical observations
Strategic information technology management
Shaping the future: business design through information technology
Shaping the future: business design through information technology
Does information technology lead to smaller firms?
Management Science
Leveraging the new infrastructure: how market leaders capitalize on information technology
Leveraging the new infrastructure: how market leaders capitalize on information technology
Information Technology Effects on Firm Performance As Measured by Tobin's Q
Management Science
Firm Characteristics and Investments in Information Technology: Scale Andscope Effects
Information Systems Research
Journal of Management Information Systems
Theoretical Justification for IT Infrastructure Investments
Information Resources Management Journal
Information technology investments and firm value
Information and Management
Market reactions to E-business outsourcing announcements: an event study
Information and Management
Information Systems Research
Reexamining the Value Relevance of E-Commerce Initiatives
Journal of Management Information Systems
Journal of Management Information Systems
Measuring the Performance of Information Systems: A Functional Scorecard
Journal of Management Information Systems
Journal of Management Information Systems
Journal of Management Information Systems
Analyzing Complementarities Using Software Stacks for Software Industry Acquisitions
Journal of Management Information Systems
Do Markets Prefer Open or Proprietary Standards for XML Standardization? An Event Study
International Journal of Electronic Commerce
Communicating the value of uncertain information technology investments using an options approach
International Journal of Business Information Systems
Journal of Theoretical and Applied Electronic Commerce Research
Information technology investments and firm value
Information and Management
Market reaction to application service provider (ASP) adoption: An empirical investigation
Information and Management
Firms' information security investment decisions: Stock market evidence of investors' behavior
Decision Support Systems
Pricing e-service quality risk in financial services
Electronic Commerce Research and Applications
Do green supply chain management initiatives impact stock prices of firms?
Decision Support Systems
Path Dependence of Dynamic Information Technology Capability: An Empirical Investigation
Journal of Management Information Systems
Resolving uncertainty and creating value from the exercise of e-commerce investment options
Information Systems Journal
Are New IT-Enabled Investment Opportunities Diminishing for Firms?
Information Systems Research
Risk and return of IT investment: evidence from SCM and CRM announcements
International Journal of Networking and Virtual Organisations
Research Note---Using Real Options to Investigate the Market Value of Virtual World Businesses
Information Systems Research
A Lag Effect of IT Investment on Firm Performance
Information Resources Management Journal
Path Dependence of Dynamic Information Technology Capability: An Empirical Investigation
Journal of Management Information Systems
Journal of Management Information Systems
Market Value Impacts of Information Technology Enabled Supply Chain Management Initiatives
Information Resources Management Journal
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Despite the rising tide of investments in information technologies (IT) infrastructures, empirical evidence about the effects of such investment moves is scarce. Stock market investors provide one appropriate perspective on the value-creation and growth potential of IT infrastructure investments through their reactions to specific IT infrastructure investment moves by business firms. This research utilizes the event-study analysis approach to examine if IT infrastructure investments are associated with significantly positive abnormal stock market returns and rises in trading volume when firms announce such investments. Drawing upon a sample of IT infrastructure announcements in the early 1990s, this research finds significant evidence that positive abnormal returns and increased trading volume are associated with IT infrastructure investment announcements. Further, when such investments are contrasted with investments in IT applications, evidence exists that infrastructure investments generate greater excess returns and a larger increase in trading volume than applications investments do. The evidence provides empirical support for the potential of IT infrastructure investments to be perceived as a platform for growth and revenue generation opportunities in contemporary business firms.