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      증권사의 정보기술투자가 기업성과에 미치는 영향에 관한 연구

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      https://www.riss.kr/link?id=A82511465

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      다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

      From intuitional viewpoint many researchers have been considering that information technology investment serves to increase the productivity and the profitability of firm. But the empirical studies that have examined the relationship between information technology investment and firm performance have reported mixed findings. In spite of that, recently there has been growing recognition of the importance of assessing information technology investment in determining future performance of firms. This study examines the relationship between investment in information technology and performance of securities companies in Korea. I use Tobin's Q, a financial market-based measure of firm performance and investigates the pure effect of information technology investment on firm performance after controlling for a variety of firm specific variables which may affect on firm performance. This study finds that information technology investment have a significantly positive association with Tobin's Q. This result implicates that information technology investment contributes to a firm's future performance potential.
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      From intuitional viewpoint many researchers have been considering that information technology investment serves to increase the productivity and the profitability of firm. But the empirical studies that have examined the relationship between informati...

      From intuitional viewpoint many researchers have been considering that information technology investment serves to increase the productivity and the profitability of firm. But the empirical studies that have examined the relationship between information technology investment and firm performance have reported mixed findings. In spite of that, recently there has been growing recognition of the importance of assessing information technology investment in determining future performance of firms. This study examines the relationship between investment in information technology and performance of securities companies in Korea. I use Tobin's Q, a financial market-based measure of firm performance and investigates the pure effect of information technology investment on firm performance after controlling for a variety of firm specific variables which may affect on firm performance. This study finds that information technology investment have a significantly positive association with Tobin's Q. This result implicates that information technology investment contributes to a firm's future performance potential.

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      목차 (Table of Contents)

      • Ⅰ. 서 론
      • Ⅱ. 기존연구의 검토
      • Ⅲ. 연구방법론
      • 1. 표본선정
      • 2. 변수의 정의 및 측정
      • Ⅰ. 서 론
      • Ⅱ. 기존연구의 검토
      • Ⅲ. 연구방법론
      • 1. 표본선정
      • 2. 변수의 정의 및 측정
      • 3. 연구모형의 설계
      • Ⅳ. 분석결과 및 해석
      • 1. 기술적 통계분석
      • 2. 정보기술투자의 기업성과 관련성
      • Ⅴ. 요약 및 결론
      • 참고문헌
      • Abstract
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      참고문헌 (Reference)

      1 박헌준, "한국기업의 대리인 비용과 기업가치: 외국인 지분의 역할" 한국경영학회 33 (33): 12-12, 2004

      2 안종길, "증권사 IT투자와 비용효율성간의 관계분석" 한국금융연구원 20 (20): 29-72, 2006

      3 강임호, "정보기술투자와 국내은행의 생산성 및 경영성과" 47 (47): 65-98, 1999

      4 이영수, "은행산업에서 정보화투자의 비용절감효과 분석" 4 (4): 123-142, 1999

      5 Cron, W., "The Relationship between Computerization and Performance: A Strategy for Maximizing Economic Benefits of Computeri- zation" 6 : 171-181, 1983

      6 Weill, Peter, "The Relationship Between Investment in Information Technology and Firm Performance : The Study of Valve Manufacturing Sector" 34 : 307-333, 1992

      7 Bublitz, B., "The Information in Discretionary Outlays: Advertising, Research and Development" 64 : 108-124, 1989

      8 Ross, S., "The Determination of Financial Structure: The Incentive- signalling Approach, The Incentive-Signalling Approach" 8 (8): 23-40, 1977

      9 Hitt, L., "Productivity, Business Profitability, and Consumer Surplus: Three Different Measures of Information Technology Value" 20 (20): 121-142, 1996

      10 Lucas Jr., "Performance and the Use of an Information System" 21 (21): 908-919, 1975

      1 박헌준, "한국기업의 대리인 비용과 기업가치: 외국인 지분의 역할" 한국경영학회 33 (33): 12-12, 2004

      2 안종길, "증권사 IT투자와 비용효율성간의 관계분석" 한국금융연구원 20 (20): 29-72, 2006

      3 강임호, "정보기술투자와 국내은행의 생산성 및 경영성과" 47 (47): 65-98, 1999

      4 이영수, "은행산업에서 정보화투자의 비용절감효과 분석" 4 (4): 123-142, 1999

      5 Cron, W., "The Relationship between Computerization and Performance: A Strategy for Maximizing Economic Benefits of Computeri- zation" 6 : 171-181, 1983

      6 Weill, Peter, "The Relationship Between Investment in Information Technology and Firm Performance : The Study of Valve Manufacturing Sector" 34 : 307-333, 1992

      7 Bublitz, B., "The Information in Discretionary Outlays: Advertising, Research and Development" 64 : 108-124, 1989

      8 Ross, S., "The Determination of Financial Structure: The Incentive- signalling Approach, The Incentive-Signalling Approach" 8 (8): 23-40, 1977

      9 Hitt, L., "Productivity, Business Profitability, and Consumer Surplus: Three Different Measures of Information Technology Value" 20 (20): 121-142, 1996

      10 Lucas Jr., "Performance and the Use of an Information System" 21 (21): 908-919, 1975

      11 Banker, R.D., "Measuring gains in operational efficiency from information technology: Study of Position deployment at Hardee's Inc." 7 (7): 29-54, 1990

      12 Schleifer, A., "Large Shareholders and Corporate Control" 95 : 461-488, 1986

      13 Hunter, L.W., "It's not Just the ATMs: Technology, Firm Strategies, Jobs, and Earnings in Retail Banking" 54 (54): 402-424, 2001

      14 Holden, K., "Investment in Information Tech- nology Systems and Other Determinants of Bank Profitability in the UK" 14 : 361-365, 2004

      15 Hirschey, N., "Intangible Capital Assets of Advertising and R&D Expenditure" 375-390, 1982

      16 Dehning, B., "Information Technology Investments and Firm Value" 42 : 989-1008, 2005

      17 Bharadwaj A.S., "Information Technology Effects on Firm Performance as Measured by Tobin's q" 45 : 1008-1024, 1999

      18 Barua, A., "Information Technologies and Business Value: An Analytic and Empirical Ivestigation" 6 (6): 3-23, 1995

      19 안종길, "IT투자 확대는 은행수익성 개선에 도움이 되는가?" 한국경제통상학회 22 (22): 25-56, 2004

      20 Bender, D. H., "Financial Impact of Information Processing" 3 (3): 22-32, 1986

      21 Shu, W., "Does Information Technology Provide Banks with Profit?" 42 : 781-787, 2005

      22 Krishnan, M.S., "Customer Satisfaction for Financial Services: The Role of Products, Services, and Information Technology" 45 (45): 1194-1209, 1999

      23 Modigliani, F., "Corporate Income Taxes and Cost of Capital : A Corr" 53 (53): 433-443, 1963

      24 Myers, S.C., "Corporate Financing and Investment Decisions When Firms Have Information That Investors Do Not" 13 : 187-221, 1984

      25 Hirschey, N., "Armotization Policy for Advertisinf and Research and Development Expenditures" 23 : 326-335, 1985

      26 Jensen, M.C.(\, "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers" 76 (76): 323-329, 1986

      27 Chung, K., "A Simple Approximation of Tobin's Q" 23 : 70-74, 1994

      28 Alpar, P., "A Microeconomic Approach to the Measurement of Information Technology Value" 7 (7): 21-37, 1990

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      학술지 이력

      학술지 이력
      연월일 이력구분 이력상세 등재구분
      2027 평가예정 재인증평가 신청대상 (재인증)
      2021-01-01 평가 등재학술지 유지 (재인증) KCI등재
      2018-01-01 평가 등재학술지 유지 (등재유지) KCI등재
      2015-01-01 평가 등재학술지 유지 (등재유지) KCI등재
      2012-01-01 학술지명변경 한글명 : 경영정보연구 -> 경영과 정보연구
      외국어명 : Management Information Review -> Management & Information Systems Review
      KCI등재
      2011-01-01 평가 등재학술지 선정 (등재후보2차) KCI등재
      2010-01-01 평가 등재후보 1차 PASS (등재후보1차) KCI등재후보
      2009-01-01 평가 등재후보 1차 FAIL (등재후보1차) KCI등재후보
      2007-01-01 평가 등재후보학술지 선정 (신규평가) KCI등재후보
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      학술지 인용정보

      학술지 인용정보
      기준연도 WOS-KCI 통합IF(2년) KCIF(2년) KCIF(3년)
      2016 0.98 0.98 0.91
      KCIF(4년) KCIF(5년) 중심성지수(3년) 즉시성지수
      0.95 0.97 1.06 0.18
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