Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Science Research Management》 2012-01
Add to Favorite Get Latest Update

The relationship between information systems and enterprise value

Lou Runping1,Xue Shengjia2,Yang Defeng3,2(1.College of Economics and Management,Zhaoqing University,Zhaoqing 526061,China;2.School of Management,Jinan University,Guangzhou 510632,China;3.College of Economics and Management,Tsinghua University,Beijing 100084,China)  
By collecting about 360 samples of observations data from 76 Chinese listed companies with the period of 2-13 year,the relationship between information systems and enterprise value under Chinese context is empirically studied by using GLS regression method.The following conclusions are drawn that in the short term,the use of information systems has a statistically significant negative effect on enterprise value,and in reality,this negative impact is obviously significant,however,in a longer period of time,as time goes by,this negative impact decreases year by year,and has an effect of increasing marginal returns,showing a U-shape relationship.In the long run,the use of information systems has a statistically significant positive impact on enterprise value.
【Fund】: 教育部人文社科青年基金项目“零售商自有品牌购买行为与商店忠诚倒U型关系的形成原因:基于顾客体验视角的研究(2010.1-2012.12)”(项目号:09YJC630100);; 肇庆学院博士科研基金项目"信息系统与企业价值的作用机理:理论与经验研究(2011.1-2013.12)"(项目号:611248)
【CateGory Index】: F224;F270.7;F272
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 9 Hits
1 Wang Miaojun, Zhang Weiying and Zhou Li-an;Informationization,the Organizational Behavior and Performance:A Case Study Based on Zhejiang's Enterprises[J];Management World;2007-04
2 ZHAO Quan-wu1,2,HUANG Zhi-zhong1,BU Xiang-zhi11.Business School,Shantou University,Shantou 515063,China;2.School of Management,Fudan University,Shanghai 200433,China;Empirical study on impacts of ERP implementation on listed companies in China:Data from Shanghai stock exchange from 1993 to 2003[J];Journal of Management Sciences in China;2008-01
3 LIN Dan-ming1,LIANG Qiang1,ZENG Chu-hong2(1.Business School of Shantou University,Guangdong Shantou 515063,China;2.School of International Business Administration,Guangdong University of Foreign Studies,Guangzhou 510000,China);EVALUATING IT INVESTMENT IN CHINA'S MANUFACTURING INDUSTRIES:LINKING INDUSTRIAL FACTORS[J];Economic Theory and Business Management;2007-12
4 Wang Miaojun,Zhang Weiying and Zhou Li-An(School of Management,Peking University);Information Technology,Organizational Innovation,and Productivity:Evidence on the Phase Characteristics of Complementarities[J];Economic Research Journal;2006-01
5 ZHENG Chengde, SONG Youyou, GUO Yin, CHEN Jinyong, WANG Yan (Management School, Nanjing University, Nanjing 210093, China);An Empirical Study on ERP Implementation Performance of Chinese Firms[J];Science of Science and Management of S.& T.;2008-04
6 LOU Runping,XUE Shengjia(School of management,Ji'nan University,Guangzhou 510632,China);The Interactive Mechanism of Information Technology and Firm Performance:A Literature Review on Chinese and Foreign Empirical Research[J];Science of Science and Management of S.& T.;2008-10
7 Li Zhitang (School of Economics and Management,Tsinghua University,Beijing 100084,China);Research on information technology investment performance: A complementary perspective[J];Science Research Management;2009-01
8 SHI Li1,2,HU Pei1(1.School of Economics and Management,SouthWest Jiaotong University,Chengdu 610031,China;2.Department of Neijiang Teacher's College,Neijiang 641002,China);Estimation of Contribution to China's TFP Growth from Information Technology: 1980~2003[J];Forecasting;2008-03
9 Wang Miaojun,Zhang Weiying and Zhou Li'an;The Productivity Performance of Enterprise IT Investment and Its Determinants:Evidence from Zhejiang Province[J];Social Sciences in China;2007-06
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 CHEN Song-sheng,WEI Shu-yan(School of Management & Economics,Beijing Institute of Technology,Beijing 100081);Economic Benefits of the Adoption of Enterprise Resource Planning Systems:Based on a Company's Users Empirical Evidence[J];Journal of Beijing Institute of Technology(Social Sciences Edition);2008-04
2 REN Fei,SHI Chuan,LI Dong(Guanghua School of Management,Peking University,Beijing 100871,China);The Impact of Information Technology Investment on Firm Profitability[J];Commercial Research;2012-04
3 WANG Xue-ping ZHANG Cheng-hu;Marginal Productivity of IT Capital of China's Commercial Banks and Its Optimal Size[J];Finance Forum;2007-05
4 LIU Jian-hua,WEI Ming-hai(Sun Yat-sen University,Guangzhou 510275,China);Property Constrains, Investment Choice and Corporate Performance:Intensive Operation or Extensive Development?[J];Contemporary Finance & Economics;2010-06
5 ZHOU Yong-hong1,CHEN Jin-hua2(1.School of Economics and Management,Guangdong University of Technology,Guangzhou,Guangdong 510520,P.R.China;2.Guangzhou Wuyang Motor Co,Ltd.,Guangzhou,Guangdong 510275,P.R.China);Heterogeneity of Knowledge,Changes of Manager's Functions and Enterprise Informatization Construction[J];Journal of Guangdong University of Technology(Social Sciences Edition);2009-03
6 YANG Kai(Petrochina Huabei Petrochemical Branch Company,Cangzhou 062552,China);ERP in the Promotion of the Advantages and Disadvantages of Oil[J];Computer Knowledge and Technology;2010-21
7 ZENG Chu-hong1,WU Han2(1.Guangdong University of Foreign Studies,Guangzhou 510006;2.Sun Yat-sen University,Guangzhou 510275,China);IT,Organizational Transformation and the Firm's Performance[J];International Economics and Trade Research;2010-10
8 ZHAO Quan-wu~1,HUANG Zhi-zhong~2,BU Xiang-zhi~(3)(1.College of Trade and Administration,Chongqing University,Chongqing 400030, China;2.Business School,Nanjing University,Nanjing 210093,China;3.Business School,Shantou University,Shantou 515063,China);An Empirical Study of Inventory Turnover Performance of Retail Sector in China: Based on Public-listed Companies Data[J];Journal of Industrial Engineering and Engineering Management;2010-02
9 Wang Miaojun, Zhang Weiying and Zhou Li-an;Informationization,the Organizational Behavior and Performance:A Case Study Based on Zhejiang's Enterprises[J];Management World;2007-04
10 Cai Hong Zhou li’an and Wu Yiyun;The Clan Rule, the Faith of Merchants and the Management of Merchant Organizations: a Comparative Study on Merchants of Anhui Province and Shanxi Province in the Period of the Ming and Qing Dynasty[J];Management World;2008-08
China Proceedings of conference Full-text Database 3 Hits
1 Huang Zhizhong1,Zhao Quanwu2 (1.Business School of Nanjing University,Nanjing,310093,China 2.School of Trade and Administration,Chongqing University,Chongqing,400030,China);A Study on the Relationship between Information Quality and Successful ERP implementation[A];[C];2011
2 Jianguang Zeng,Liyan Wang(Guanghua School of Management,Peking University,Beijing 100871);The Effect of ERP System Implementations on the Earnings Quality[A];[C];2011
3 Zhizhong Huang Juan Zhang Business School of Nanjing University,Nanjing,Jiangsu,China 210093;A Study on the Relationship between Information Quality and ERP Implementation[A];[C];2012
【Co-references】
Chinese Journal Full-text Database 10 Hits
1 LIU Zhi-hong(School of Management,Tianjin University,Tianjin,300072);Application of Real Compound Option Mode in the Pricing of Human Capital[J];Journal of Beijing Institute of Technology(Social Sciences Edition);2009-03
2 Cao Jianxin Li Dan Zhao Mingli (College of Business Administration, South China University of Technology, Guangzhou, Guangdon 510640);Research on R&&D project evaluation based on real options method ——Improvement to Black-Scholes option pricing model[J];Communication of Finance and Accounting(Academy Version);2006-01
3 DAI Xiao-feng,LI Jian-hua (School of Finance,Hunan University,Changsha,Hunan 410079,China);The Assessment of The Internal Value of High-tech Companies:An Empirical Study Based on Continuous-time Real Option Model[J];The Theory and Practice of Finance and Economics;2009-01
4 GUO Jing~1,CHEN Ying-wu~1,GUO Qin~2,LIAO Dong-sheng~1(1. School of Information System & Management, National University of Defense Technology,Changsha 410073,China;2. School of Humanity & Social Sciences,National University of Defense Technology,Changsha 410074,China);A Pricing Model of Real Option with Ieakage in Value[J];Systems Engineering;2005-04
5 ;基于实物期权的高科技项目投资机会价值和投资决策研究[J];Reform & Openning;2010-02
6 By FAN Long zhen, TANG Guo xing(School of Management,Fudan University,Shanghai 200437,China);Valuing Investment Opportunity with Option Pricing Method[J];JOURNAL OF INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT;2000-04
7 Li Shanming~1 Zhu Tao~2 Zhang Yifang~1 (1.Sun Yat-sen University,Guangzhou,China;2.Jinan University,Guangzhou,China);An Empirical Study: Value Creation of China Listed Companies by Real Options[J];Chinese Journal of Management;2006-02
8 AN Ying hui 1,ZHANG Wei 1,2 1.Institute of Financial Engineering, School of Management, Tianjin University, Tianjin 300072, China 2.Tianjin University of Finance & Economic, Tianjin 300222, China;Analysis and development of the method and model of option game theory[J];Journal of Manegement Sciences In China;2001-01
9 JIAN Zhi hong, LI Chu lin Department of Mathematics, Huazhong University of Science and Technology, Wuhan 430074, China;Study on real option approach of corporate debt reorganization[J];Journal of Manegement Sciences In China;2002-05
10 Yu Yumiao and Wang Yusheng(School of Economics and Management,Wuhan University);Changes in the Legal System,Auditor Choice and Firm Value: An Empirical Study Based on the Actual Controllers' Tunneling Behavior[J];Economic Review;2012-03
【Secondary Citations】
Chinese Journal Full-text Database 10 Hits
1 TAN Jiu-jun (The School of Management,Xi'an Jiaotong University,Xi'an,Shanxi 710049,China);ERP Implementation Performance:Literatures Review and Prospect[J];The Theory and Practice of Finance and Economics;2006-05
2 ZHANG Cheng-iu,WANG Xue-ping(School of Economics and Finance,Xi'an Jiaotong University,Xi'an 710061,China);Impact of Information Technology Investment on Bank Performance in China: An Empirical Evaluation of ATM[J];Modern Economic Science;2006-06
3 CHEN Sheng~1,2,LI Chuan-zhao~1,2,ZHANG Xu-mei~2,LI Shu-hua~3(1.Chongqing Research Center of Business Administration & Economic Development,Chongqing 400044,China;2.College of Economy & Business Administration,Chongqing University,Chongqing 400044,China;3.Chongqing Economic & Technologic Development Zone,Chongqing 400000,China);The Empirical Analysis of IT Application and Its Performance at Small-And Medium-Sized Firms[J];Journal of Industrial Engineering and Engineering Management;2005-03
4 Wang Miaojun, Zhang Weiying and Zhou Li-an;Informationization,the Organizational Behavior and Performance:A Case Study Based on Zhejiang's Enterprises[J];Management World;2007-04
5 GUO Ju-e,XI You-min (School of Management, Xi′an Jiaotong University, Xi′an 710049, China);Study on Key Problem of Management Science Research in China[J];Policy-making Reference;2004-04
6 WANG Tie-nan,SHEN Nan,LI Yi-junSchool of Management,Harbin Institute of Technology,Harbin 150001, China;Study on impact of differentiation on subunit-level performance after information system implementation[J];Journal of Management Sciences in China;2007-02
7 LIN Dan-ming1,LIANG Qiang1,ZENG Chu-hong2(1.Business School of Shantou University,Guangdong Shantou 515063,China;2.School of International Business Administration,Guangdong University of Foreign Studies,Guangzhou 510000,China);EVALUATING IT INVESTMENT IN CHINA'S MANUFACTURING INDUSTRIES:LINKING INDUSTRIAL FACTORS[J];Economic Theory and Business Management;2007-12
8 Zhang Jun & Wu Guiying & Zhang Jipeng (Fudan University);The Estimation of China's provincial capital stock: 1952—2000[J];Economic Research Journal;2004-10
9 Wang Miaojun,Zhang Weiying and Zhou Li-An(School of Management,Peking University);Information Technology,Organizational Innovation,and Productivity:Evidence on the Phase Characteristics of Complementarities[J];Economic Research Journal;2006-01
10 WENG Yi qum,CAI Lai xing,TANG Yuan hu (Aetna School of Management, Shanghai Jiaotong University,Shanghai 200030 China);New Economy and the Future of U.S. Economy[J];Rorecasting;2001-03
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved