Abstract
Research indicates that successful adoption of information systems (IS) to support business strategy can help the organizations gain superior financial performance. e-Learning can be defined as learning through information and communication technologies and it should include a mechanism for forecasting the actual expected benefits, converted to monetary values, and then comparing the benefits to the projected cost. This study focuses on the relationship between the e-Learning and organizationsâ?? financial performance and objective, using secondary financial data draw from the COMPUSTAT. The results indicate these firms significantly reduce cost, increase profitability after adopting e-Learning. The research outcome provides new insights into the productivity paradox associated with e-Learning adopters and helps applications of e-Learning across different organizations.
Highlights
During the global economic expansion of the 1990s, the advent of the Internet, together with the widespread adoption of advanced technologies, helped fuel the implementation of online education and training both in the academic and business worlds
The result of OEXP/S is significantly different between e-Learning adopter and non- adopter in the third year
The result of ROA ROE is significantly different between e-Learning adopter and non-adopter in the second and third years, but no significantly in the first year
Summary
During the global economic expansion of the 1990s, the advent of the Internet, together with the widespread adoption of advanced technologies, helped fuel the implementation of online education and training both in the academic and business worlds. The present challenge is more than moving learning seamlessly through a enterprise it is to ensure that the right skills and competencies play in key elements of organization To thrive in such situation, firms need to provide the skills development and education to workers. Fees for conferences, educational seminars, and the costs of hiring consultants can be reduced when companies utilize distance learning and computer based training (CBT) courses They enable organizations to cross geographic boundaries, cut costs, and share knowledge [3]. Many large investment banks and insurance firms, such as Merrill Lynch and Prudential, have begun augmenting training programs with e-Learning [11] Health care is another industry in which numerous license- and certification-based continuing-education programs provide fertile ground for e-Learning to take root. These first-generation adopters will revealed a direction for broader adoption of e-Learning among the broader corporate community
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