search query: @journal_id 763 / total: 62
reference: 62 / 62
« previous | next »
Author: | Loh, L. Venkatraman, N. |
Title: | Corporate governance and strategic resource allocation: the case of information technology investments |
Journal: | Accounting, Management & Information Technologies
1993 : VOL. 3:4, p. 213-228 |
Index terms: | INFORMATION TECHNOLOGY INVESTMENTS STOCK OWNERSHIP |
Language: | eng |
Abstract: | This study examines a set of relationships between corporate governance and information technology investments. Relationships are tested with data from a sample of major U.S. corporations using structural equation modeling. A negative relationship was established between information technology investments and two constructs of corporate governance, namely: (a) stock ownership structure (that includes large or insider shareholders); and (b) presence of takeover defenses. A negative relationship between stock ownership structure and takeover defense adoption was observed. This study contributes to a critical understanding of the determinants of information technology investments viewed within the governance context of a relational exchange between two important corporate constituents: the managers and the shareholders. |
« previous | next »
SCIMA