Information technology intensity and the industry cost of equity capital

Kevin E. Dow; Joseph Yu; Vincent J. Shea

Information technology intensity and the industry cost of equity capital

Kevin E. Dow, Joseph Yu, Vincent J. Shea

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

Abstract

The cost of equity capital has been an important topic to both academics and practitioners. In this study, we examine the effect information technology (IT) intensity on the industry cost of equity capital. Findings generally support the idea that IT intensity is a significant factor driving industry cost of equity capital. Further, an interaction between IT intensity and time suggests that IT intensity has decreased the industry cost of equity capital over time. This paper contributes to the literature by furthering our understanding the effects that IT has on a firm's performance by examining via the effect on the industry cost of equity capital.

Original language	English
Title of host publication	19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World
Subtitle of host publication	Anything, Anywhere, Anytime
Pages	2050-2057
Number of pages	8
Publication status	Published - 2013
Event	19th Americas Conference on Information Systems, AMCIS 2013 - Chicago, IL, United States Duration: 15 Aug 2013 → 17 Aug 2013

Publication series

Name	19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime
Volume	3

Conference

Conference	19th Americas Conference on Information Systems, AMCIS 2013
Country/Territory	United States
City	Chicago, IL
Period	15/08/13 → 17/08/13

Keywords

Cost of equity capital
Fama-french three factor model
IT intensity

ASJC Scopus subject areas

Computer Networks and Communications
Computer Science Applications
Information Systems
Library and Information Sciences

Cite this

Dow, K. E., Yu, J., & Shea, V. J. (2013). Information technology intensity and the industry cost of equity capital. In 19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime (pp. 2050-2057). (19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime; Vol. 3).

Dow, Kevin E. ; Yu, Joseph ; Shea, Vincent J. / Information technology intensity and the industry cost of equity capital. 19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime. 2013. pp. 2050-2057 (19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime).

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language = "English",

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Dow, KE, Yu, J & Shea, VJ 2013, Information technology intensity and the industry cost of equity capital. in 19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime. 19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime, vol. 3, pp. 2050-2057, 19th Americas Conference on Information Systems, AMCIS 2013, Chicago, IL, United States, 15/08/13.

Information technology intensity and the industry cost of equity capital. / Dow, Kevin E.; Yu, Joseph; Shea, Vincent J.
19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime. 2013. p. 2050-2057 (19th Americas Conference on Information Systems, AMCIS 2013 - Hyperconnected World: Anything, Anywhere, Anytime; Vol. 3).

Research output: Chapter in Book/Conference proceeding › Conference contribution › peer-review

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Information technology intensity and the industry cost of equity capital

Abstract

Publication series

Conference

Keywords

ASJC Scopus subject areas

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