Affiliation:
1. Universidade da Coruña, Spain
Abstract
The study of the effects of IT investments on firm's performance has been a critical issue for research since the late 1980s. Different financial models have been used to clarify the contribution of IT investments, e.g. options theory. Some researchers rely on market prices, while others measure the effect on financial ratios. This work aims to provide additional insights regarding the influence of IT resources on performance. To do that, a new measure of performance is proposed that goes beyond the well-accepted profit. Several new links between IT literature, organization theory and financial theory are elicited.