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In this study, we investigate how divergence from the industry level of investment in information technology (IT) affects firm value. Theoretical arguments suggest that greater investment in IT relative to industry peers may positively affect firm value and that smaller relative investment may negatively affect firm value, but these arguments have not been… (More)
High valuation multiples on IT spending suggest that companies are underinvesting in IT.
Using an experimental design to explore the individual and interactive effects of organizational commitment, likelihood of success of a knowledge management initiative, and importance ascribed to the KM initiative by a firm on a knowledge worker's intention to share her knowledge, we find that importance by itself positively impacts knowledge sharing… (More)
In spite of strong theoretical motivation, empirical studies of executive compensation have provided only limited evidence of relative performance evaluation (RPE). Some research findings support a weak-form RPE hypothesis that executive pay is positively related to firm performance and negatively related to peer-group performance, but there is little… (More)
91 Economic studies conducted in the 1980s and early 1990s failed to find evidence of improved firm productivity corresponding to greater IT investment. Because business firms expected performance to improve as a result of IT, the failure to observe higher productivity (more output from resources employed) was dubbed the " productivity paradox " . The… (More)