Journal of Information Technology Services (한국IT서비스학회지)

Korea Society of IT Services (한국IT서비스학회)
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An Empirical Study on the Correlation of IT Investment and Management Performance in the Financial Industry

금융산업에서 IT투자와 경영성과의 상관관계에 관한 실증적 연구

  • 박상국 (숭실대학교 IT정책경영학과) ;
  • 김종배 (숭실대학교 IT정책경영학과)
  • Received : 2012.07.24
  • Accepted : 2012.09.11
  • Published : 2012.09.30
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Abstract

The study investigated if IT investment in Korean financial markets for the past 18 years has grown following the s-curve pattern based on Nolan's growth model in order to find the correlation between IT investment and management performance in the financial industry. According to the research finding it can be said that the overall financial markets maintain s-curve pattern, and IT investment is related to management performance, particularly increase in total assets and net profit. However, each sector has defining features of growth patterns. The banking industry has grown similarly to the s-curve, and the insurance industry also shows the s-curve but it looks more like linear pattern. In terms of securities industry, its growth patterns can hardly be considered s-curve due to the irregular changes. his research outcome illustrates the analysis of IT growth patterns in the financial industry and thus, it is expected to be a useful reference when deciding the appropriate time for IT investment in the financial industry.

Keywords

References

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