search query: @author Sambamurthy, V. / total: 9
reference: 2 / 9
| Author: | Chatterjee, D. Pacini, C. Sambamurthy, V. |
| Title: | The Shareholder-Wealth and Trading-Volume Effects of Information-Technology Infrastructure Investments |
| Journal: | Journal of Management Information Systems
2002 : FALL, VOL. 19:2, p. 7-42 |
| Index terms: | EVENT STUDIES INVESTMENT INFORMATION TECHNOLOGY INFRASTRUCTURES |
| Language: | eng |
| Abstract: | Despite the rising tide of investments in information technologies (IT) infrastructures, empirical evidence about the effects of such investment moves is scarce. Stock market investors provide one appropriate perspective on the value-creation and growth potential of IT infrastructure investments through their reactions to specific IT infrastructure investment moves by business firms. This research utilizes the event-study analysis approach to examine if IT infrastructure investments are associated with significantly positive abnormal stock market returns and rises in trading volume when firms announce such investments. This research finds significant evidence that positive abnormal returns and increased trading volume are associated with IT infrastructure investment announcements. |
SCIMA