Information Technology and Management

, Volume 20, Issue 4, pp 223–247 | Cite as

The value of enterprise information systems under different corporate governance aspects

  • Xin Chen
  • Qizhi DaiEmail author
  • Chaohong Na


Enterprise information systems (EIS) improve access to information, process optimization and system integration. Such enhanced information processing capabilities have varying effects on firm financial performance under different corporate governance aspects. We examine such interacting effects with data of Chinese listed companies during 2008 and 2013. Our empirical study shows that EIS implementation is associated with higher financial performance when the firm’s ownership is more concentrated or the CEO assumes a dual role as the chair of the board of directors. EIS implementation is associated with lower financial performance when the firm is a state-owned enterprise or within a business group. This study contributes to literature in IT business value in general and research in enterprise systems in particular by expanding our understandings about the varying impacts of EIS under different corporate governance aspects.


IT value Business value of IT Enterprise information systems ERP Corporate governance 



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© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Shanghai Advanced Institute of Finance, Shanghai Jiao Tong UniversityShanghaiChina
  2. 2.LeBow College of BusinessDrexel UniversityPhiladelphiaUSA
  3. 3.School of EconomicsYunnan UniversityKunmingChina

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