The Relationship Between It Investment And Corporate Financial Performance: An Empirical Study On Chinese Tourism Listed Companies

International Journal of Economics and Management Studies
© 2019 by SSRG - IJEMS Journal
Volume 6 Issue 7
Year of Publication : 2019
Authors : Shengnan Gao, Mu Zhang
How to Cite?

Shengnan Gao, Mu Zhang, "The Relationship Between It Investment And Corporate Financial Performance: An Empirical Study On Chinese Tourism Listed Companies," SSRG International Journal of Economics and Management Studies, vol. 6,  no. 7, pp. 28-37, 2019. Crossref,


Several studies have devoted much effort to investigating the effects of IT investment on business productivity and performance, and currently, researchers generally accept that the effects are positive and significant. However, few studies have focused on the tourism industry in developing countries. This study selects the financial data of Chinese tourismlisted companies from 2010 to 2017 to examine the relationship between IT investment and financial performance. The results show that the overall financial performance of tourism listed companies has a significant positive correlation with IT investment. However, the relationship between profitability, operational and development capabilities, and IT investment is subject to the “IT productivity paradox," which may be related to the hysteresis of IT investment and the strategic orientation of managers. This paper can compensate for some shortcomings in research in the field of tourism and provide some reference for IT investment for relevant Chinese tourism companies.


Financial performance,IT investment, Tourism listed company, Panel regression


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