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Competitive advantage from mandatory investments: An empirical study of Australian firms

机译:强制性投资的竞争优势:对澳大利亚公司的实证研究

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摘要

Mandatory information system (IS) investments occur when government regulations require firms to alter their IS. These investments are additional expenditures added onto the initial expenditures of non-mandatory IS investments. Managers are concerned about associated costs and in an attempt to reduce the expenditures, most firms refrain from formal planning methods when mandatory investments are imposed upon them. Drawing on Henderson's and Sifonis' (1988) IS Planning and Investment Model as our theoretical lens, this paper argues that firms should re-consider this practice. It is hypothesised that formal planning methods are beneficial because they enable firms to combine mandatory and non-mandatory investments in such a way that competitive advantage can be achieved.rnWe use a secondary dataset provided by the Australian government to test the hypotheses. Results show that only two out of three investigated formal planning methods are positively associated with competitive advantage. We conclude that in the special case of mandatory investments, formal methods are only beneficial if they incorporate information from the entire firm, rather than information from particular departments only.
机译:强制性信息系统(IS)投资发生在政府法规要求企业更改其IS时。这些投资是在非强制性IS投资的初始支出中增加的额外支出。经理们担心相关的成本,并且为了减少支出,大多数公司在对它们进行强制性投资时都避免采用正式的计划方法。本文以亨德森(Henderson)和西方尼斯(Sifonis)(1988)的IS规划与投资模型为理论视角,认为企业应该重新考虑这种做法。假设正式的计划方法是有益的,因为它们使公司能够以实现竞争优势的方式组合强制性和非强制性投资。我们使用澳大利亚政府提供的辅助数据集来检验假设。结果表明,在三种调查的正式计划方法中,只有两种与竞争优势呈正相关。我们得出结论,在强制性投资的特殊情况下,形式化方法只有在结合了整个公司的信息而非仅来自特定部门的信息的情况下才是有益的。

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