Abstract
In this paper, we measure IT governance using an IT risk-return model. We study impact of market and accounting return of Indian firms’ vis-a-vis their IT investments for the period 2003–2014. We have focused on three sectors (manufacturing, IT, and banking) only due to paucity of data. We note IT investments make significant contribution to overall firm risk and lead to earning stabilization and reduction of firm risk. The impact of IT investment on IT return, measured, is positive and significant. However, IT return reduces, once we incorporate IT risk term in this model, which reflects the risk premium associated with gross IT return.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
