{"id":"https://openalex.org/W3125633890","doi":"https://doi.org/10.2308/isys-50742","title":"The Interrelationships Between Information Technology Spending, CEO Equity Incentives, and Firm Value","display_name":"The Interrelationships Between Information Technology Spending, CEO Equity Incentives, and Firm Value","publication_year":2014,"publication_date":"2014-02-01","ids":{"openalex":"https://openalex.org/W3125633890","doi":"https://doi.org/10.2308/isys-50742","mag":"3125633890"},"language":"en","primary_location":{"id":"doi:10.2308/isys-50742","is_oa":false,"landing_page_url":"https://doi.org/10.2308/isys-50742","pdf_url":null,"source":{"id":"https://openalex.org/S82262387","display_name":"Journal of Information Systems","issn_l":"0888-7985","issn":["0888-7985","1558-7959"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Information Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042318760","display_name":"Adi Masli","orcid":"https://orcid.org/0000-0002-7873-5678"},"institutions":[{"id":"https://openalex.org/I146416000","display_name":"University of Kansas","ror":"https://ror.org/001tmjg57","country_code":"US","type":"education","lineage":["https://openalex.org/I146416000"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Adi Masli","raw_affiliation_strings":["The University of Kansas"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The University of Kansas","institution_ids":["https://openalex.org/I146416000"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5026674829","display_name":"Vernon J. Richardson","orcid":"https://orcid.org/0000-0002-3397-3744"},"institutions":[{"id":"https://openalex.org/I78715868","display_name":"University of Arkansas at Fayetteville","ror":"https://ror.org/05jbt9m15","country_code":"US","type":"education","lineage":["https://openalex.org/I78715868"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Vernon J. Richardson","raw_affiliation_strings":["University of Arkansas"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Arkansas","institution_ids":["https://openalex.org/I78715868"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5101674966","display_name":"Juan Manuel S\u00e1nchez","orcid":"https://orcid.org/0000-0002-7451-5192"},"institutions":[{"id":"https://openalex.org/I12315562","display_name":"Texas Tech University","ror":"https://ror.org/0405mnx93","country_code":"US","type":"education","lineage":["https://openalex.org/I12315562"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Juan Manuel Sanchez","raw_affiliation_strings":["Texas Tech University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Texas Tech University","institution_ids":["https://openalex.org/I12315562"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5032068726","display_name":"Rodney E. Smith","orcid":null},"institutions":[{"id":"https://openalex.org/I59897056","display_name":"California State University, Long Beach","ror":"https://ror.org/0080fxk18","country_code":"US","type":"education","lineage":["https://openalex.org/I59897056"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Rodney E. Smith","raw_affiliation_strings":["California State University, Long Beach"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"California State University, Long Beach","institution_ids":["https://openalex.org/I59897056"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.195,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.922349,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"28","issue":"2","first_page":"41","last_page":"65"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.9909999966621399,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13794","display_name":"Financial Reporting and XBRL","score":0.9909999966621399,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9901000261306763,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9869999885559082,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.8639771938323975},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"Corporate governance","score":0.6419633030891418},{"id":"https://openalex.org/keywords/equity","display_name":"Equity (law)","score":0.63517165184021},{"id":"https://openalex.org/keywords/enterprise-value","display_name":"Enterprise value","score":0.5948222875595093},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5871242880821228},{"id":"https://openalex.org/keywords/executive-compensation","display_name":"Executive compensation","score":0.5561783313751221},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.533986508846283},{"id":"https://openalex.org/keywords/compensation","display_name":"Compensation (psychology)","score":0.4477689564228058},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.44702011346817017},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3673115074634552},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.32187139987945557},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3120880126953125}],"concepts":[{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.8639771938323975},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.6419633030891418},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.63517165184021},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.5948222875595093},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5871242880821228},{"id":"https://openalex.org/C151392489","wikidata":"https://www.wikidata.org/wiki/Q5419946","display_name":"Executive compensation","level":3,"score":0.5561783313751221},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.533986508846283},{"id":"https://openalex.org/C2780023022","wikidata":"https://www.wikidata.org/wiki/Q1338171","display_name":"Compensation (psychology)","level":2,"score":0.4477689564228058},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.44702011346817017},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3673115074634552},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.32187139987945557},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3120880126953125},{"id":"https://openalex.org/C11171543","wikidata":"https://www.wikidata.org/wiki/Q41630","display_name":"Psychoanalysis","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2308/isys-50742","is_oa":false,"landing_page_url":"https://doi.org/10.2308/isys-50742","pdf_url":null,"source":{"id":"https://openalex.org/S82262387","display_name":"Journal of Information Systems","issn_l":"0888-7985","issn":["0888-7985","1558-7959"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Information Systems","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Partnerships for the goals","score":0.4099999964237213,"id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":83,"referenced_works":["https://openalex.org/W21735811","https://openalex.org/W35132684","https://openalex.org/W1479933546","https://openalex.org/W1485535210","https://openalex.org/W1487531252","https://openalex.org/W1503295912","https://openalex.org/W1547488869","https://openalex.org/W1589326944","https://openalex.org/W1590165779","https://openalex.org/W1593924347","https://openalex.org/W1977704037","https://openalex.org/W1992225032","https://openalex.org/W1995082048","https://openalex.org/W2000578291","https://openalex.org/W2004463963","https://openalex.org/W2004601982","https://openalex.org/W2005240589","https://openalex.org/W2006861765","https://openalex.org/W2011144513","https://openalex.org/W2020970716","https://openalex.org/W2037100769","https://openalex.org/W2043315391","https://openalex.org/W2044854242","https://openalex.org/W2046047674","https://openalex.org/W2047134779","https://openalex.org/W2048478822","https://openalex.org/W2055836025","https://openalex.org/W2068416123","https://openalex.org/W2077791698","https://openalex.org/W2090758019","https://openalex.org/W2093967072","https://openalex.org/W2095299437","https://openalex.org/W2095474915","https://openalex.org/W2095669018","https://openalex.org/W2099913964","https://openalex.org/W2100536344","https://openalex.org/W2109526980","https://openalex.org/W2115273186","https://openalex.org/W2117999947","https://openalex.org/W2118419282","https://openalex.org/W2118785546","https://openalex.org/W2118949969","https://openalex.org/W2121719297","https://openalex.org/W2132022532","https://openalex.org/W2135871035","https://openalex.org/W2138109019","https://openalex.org/W2139955886","https://openalex.org/W2141954228","https://openalex.org/W2143557201","https://openalex.org/W2144243318","https://openalex.org/W2147270415","https://openalex.org/W2149408458","https://openalex.org/W2151169308","https://openalex.org/W2151735999","https://openalex.org/W2156576580","https://openalex.org/W2168212272","https://openalex.org/W2169855821","https://openalex.org/W2170053136","https://openalex.org/W2171272451","https://openalex.org/W2325864965","https://openalex.org/W2404330268","https://openalex.org/W2621340340","https://openalex.org/W2752617332","https://openalex.org/W2759159205","https://openalex.org/W2891965021","https://openalex.org/W3121591358","https://openalex.org/W3122028926","https://openalex.org/W3122068856","https://openalex.org/W3122509420","https://openalex.org/W3123441791","https://openalex.org/W3124256169","https://openalex.org/W3124420429","https://openalex.org/W3124737373","https://openalex.org/W3125497363","https://openalex.org/W3125558218","https://openalex.org/W3125582413","https://openalex.org/W3125688476","https://openalex.org/W3135490280","https://openalex.org/W4231057775","https://openalex.org/W4235348232","https://openalex.org/W4243763424","https://openalex.org/W4243775359","https://openalex.org/W6676262206"],"related_works":["https://openalex.org/W2041249290","https://openalex.org/W2949253507","https://openalex.org/W1557824005","https://openalex.org/W220496358","https://openalex.org/W3123337483","https://openalex.org/W3122207097","https://openalex.org/W1544409941","https://openalex.org/W2202737060","https://openalex.org/W3121950654","https://openalex.org/W2396461415"],"abstract_inverted_index":{"ABSTRACT":[0],"We":[1,16],"examine":[2],"the":[3,57,79],"interrelationships":[4],"between":[5,59],"information":[6],"technology":[7],"spending,":[8,34],"CEO":[9,27,80],"equity":[10,28,73],"compensation":[11,81],"incentives,":[12],"and":[13,62,82],"firm":[14],"value.":[15],"present":[17],"two":[18],"related":[19],"pieces":[20],"of":[21],"evidence.":[22],"First,":[23],"we":[24,54],"find":[25,55],"that":[26,36,56,69],"incentives":[29,40],"are":[30,41],"associated":[31],"with":[32,38],"IT":[33,60,83],"suggesting":[35],"CEOs":[37,71],"higher":[39,72],"more":[42],"likely":[43],"to":[44,78],"invest":[45],"in":[46],"a":[47],"risky":[48],"asset":[49],"such":[50],"as":[51],"IT.":[52],"Second,":[53],"association":[58],"spending":[61],"business":[63],"value":[64],"is":[65],"stronger":[66],"for":[67],"firms":[68],"grant":[70],"incentives.":[74],"Our":[75],"study":[76],"contributes":[77],"governance":[84],"literatures.":[85]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":5}],"updated_date":"2026-08-14T07:06:38.338062","created_date":"2025-10-10T00:00:00"}