By collecting about 360 samples of observations data from 76 Chinese listed companies with the period of 2-13 year, the relationship between information systems and enterprise value under Chinese context is empirically studied by using GLS regression method. The following conclusions are drawn that in the short term, the use of information systems has a statistically significant negative effect on enterprise value, and in reality, this negative impact is obviously significant, however, in a longer period of time, as time goes by, this negative impact decreases year by year, and has an effect of increasing marginal returns, showing a U-shape relationship. In the long run, the use of information systems has a statistically significant positive impact on enterprise value.
Key words
information technology /
information system /
enterprise value /
empirical research /
GLS
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