信息管理与信息系统系讲座:Social Learning in Information Technology Investment: The Role of Board Interlocks

讲座题目：Social Learning in Information Technology Investment: The Role of Board Interlocks

演讲者：Arun Rai

日期：2016年6月7日 13：30-15：00

地点：史带楼301室

演讲者介绍：

Arun Rai教授长期关注IT使能的战略、组织间关系、流程、创新和商业价值以及治理，以及IT使能方案在组织和社会中的实施、采纳和扩散。他发表论文100余篇，除信息系统领域，论文被会计、营销、运营管理、战略管理、计算机科学、教育、医疗卫生和心理学等领域广泛引用。Arun Rai教授于2010年获得国际信息系统协会会士，2014年INFORMS信息系统协会杰出会士奖。从今年起他担任《MIS Quarterly》主编（2016-2019年），之前为《MIS Quarterly》资深编辑。此外，他还担任《Information Systems
Research》和《Journal of Strategic Information Systems》资深编辑，以及《Journal of Management Information Systems》,《Management Science》,《Decision Sciences》,《IEEE Transactions on Engineering Management》和《Journal of the Association for Information Systems》的副编辑.

演讲摘要：<span lang="EN-US" style="font-size:14.0pt;mso-bidi-font-size:13.5pt;font-family:"Times New Roman" ","serif";="" mso-fareast-font-family:楷体_gb2312'="">

We seek to extend our understanding of information technology (IT) investment and return from a social learning perspective. We address social learning in the context of interlocks between corporate boards, which, theoretically, are a conduit for sharing knowledge and experiences about firms’ investment decisions. Using a large dataset of firm-years from 2001 to 2008, we find: (1) a focal firm’s IT investment is positively associated with that of interlocked firms (controlling for confounding factors including common contextual impact, conformity of similar firms and neighborhood firms, and reverse causality), a finding consistent with the view of social learning through board interlocks; (2) the component of a focal firm’s IT investment that is attributed to the influence of board interlocks has a positive relationship with the firm’s Tobin’s Q, suggesting benefits of social learning to IT investment return; and (3) board interlocks play a stronger role in influencing IT investment and the investment return when interlocked firms have superior IT-related knowledge, further corroborating a learning effect.We discuss the implications of these findings for research and practice at the interstice of IT and corporate governance.