The Dot Com Effect

Subscribe (Full Service)


	Search: The ACM Digital Library The Guide

	Feedback

The Dot Com Effect: the impact of e-commerce announcements on the market value of firms

Full text

Pdf (256 KB)

Source

International Conference on Information Systems archive
Proceedings of the 20th international conference on Information Systems table of contents

Charlotte, North Carolina, United States

Pages: 193 - 207

Year of Publication: 1999

ISBN:ICIS1999-X

Authors

Mani Subramani	Carlson School of Management, University of Minnesota
Eric Walden	Carlson School of Management, University of Minnesota

Sponsor

ACM: Association for Computing Machinery

Publisher

Association for Information Systems Atlanta, GA, USA

Bibliometrics

Downloads (6 Weeks): 71, Downloads (12 Months): 288, Citation Count: 4

Additional Information:

references cited by index terms collaborative colleagues

Tools and Actions:	Review this Article Save this Article to a Binder Display Formats: BibTeX EndNote ACM Ref

REFERENCES

Note: OCR errors may be found in this Reference List extracted from the full text article. ACM has opted to expose the complete List rather than only correct and linked references.

	1	Agrawal, J., and Kamakura, W. A. "The Economic Worth of Celebrity Endorsers: An Event Study Analysis," Journal of Marketing (59), 1995, pp. 56-62.
	2	Attewell, P. "Technology Diffusion and Organizational Learning: The Case of Business Computing," Organization Science (3:1), 1992, pp. 1-19.
	3	Barua, A.; Kriebel, C. H.; and Mukhopadhyay, T. "Information Technologies and Business Value: An Analytic and Empirical Investigation," Information Systems Research (6:1), 1995, pp. 3-23.
	4	Michel Benaroch , Robert J. Kauffman, A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment, Information Systems Research, v.10 n.1, p.70-86, January 1999 [doi>10.1287/isre.10.1.70]
	5	Bill Burnham, How to Invest in E-commerce Stocks, McGraw-Hill Professional, 1998
	6	Chaney, P. K.; Devinney, T. M.; and Winer, R. "The Impact of New Product Introductions on the Market Value of Firms," Journal of Business (64), 1991, pp. 573-610.
	7	Chatterjee, S. "Types of Synergy and Economic Value: The Impact of Acquisitions on Merging and Rival Firms," Strategic Management Journal (7:2), 1986, pp. 119-139.
	8	Conner, K. R., and Prahalad, C. K. "A Resource-based Theory of the Firm: Knowledge versus Opportunism," Organization Science (7:5), 1996, pp. 477-501.
	9	Das, S.; Sen, P. K.; and Sengupta, S. "Impact of Strategic Alliances on Firm Valuation," Academy of Management Journal (41:1), 1998, pp. 27-41.
	10	Thomas H. Davenport, Process innovation: reengineering work through information technology, Harvard Business School Press, Boston, MA, 1993
	11	Davidson, W. N., III; Worrell, D. L.; and Dutia, D. "The Stock Market Effects of CEO Succession in Bankrupt Firms," Journal of Management (19:3), 1993, pp. 517-533.
	12	Diederich, T. "Launching E-commerce Sites Takes Deep Pockets," CNN Interactive, May 31, 1999 (http://cnn.com/TECH/ computing/9905/31/pockets.idg/index.html).
	13	Dos Santos, B. L.; Peffers, K.; and Mauer, D. C. "The Impact of Information Technology Investment Announcements on the Market Value of the Firm," Information Systems Research (4:1), March 1993, pp. 1-23.
	14	Fama, E.; Fisher, L.; and Jensen, M. C. "The Adjustment of Stock Prices to New Information," International Economic Review (10:1), 1969, pp. 1-21.
	15	Fox, J. "Net Stock Rules: Masters of A Parallel Universe," Fortune (139:11), June 7 1999, pp. 66-100.
	16	Green, H. "'Twas the Season for E-splurging," Business Week, January 18 1999, pp. 40-42.
	17	Greenwood, J., and Jovanovic, B. "The IT Revolution and The Stock Market," NBER Working Paper Number 6931, National Bureau of Economics Research, Cambridge, Massachusetts, 1999.
	18	Hart, P., and Saunders, C. "Power and Trust: Critical Factors in the Adoption and Use of Electronic Data Interchange," Organization Science (8:1), 1997, pp. 23-42.
	19	Lorin M. Hitt , Erik Brynjolfsson, Productivity, business profitability, and consumer surplus: three different measures of information technology value, MIS Quarterly, v.20 n.2, p.121-142, June 1996 [doi>10.2307/249475]
	20	Horsky, D., and Swyngedouw, P. "Does It Pay to Change Your Company's Name? A Stock Market Perspective," Marketing Science (6:4), 1987, pp. 320-335.
	21	Judge, G. G.; Hill, R. C.; Griffiths, W. E.; L~tkepohl, H.; and Lee, T. C. Introduction to the Theory and Practice of Econo-metrics, New York: John Wiley & Sons, 1988.
	22	Lane, V., and Jacobson, R. "Stock Market Reactions to Brand Extension Announcements: The Effects of Brand Attitude and Familiarity," Journal of Marketing (59:1), 1995, pp. 63-77.
	23	Kale, P., and Singh, H. "Alliance Capability and Success: A Knowledge Based Approach," Proceedings of the Fifty-ninth Annual Academy of Management Conference, Chicago, 1999, pp. BPS 01-06.
	24	Koh, J., and Venkatraman, N. "Joint Venture Formations and Stock Market Reactions: An Assessment in the Information Technology Sector," Academy of Management Journal (34:4), 1991, pp. 869-892.
	25	Leonard-Barton, D. "Core Capabilities and Core Rigidities: A Paradox in Managing New Product Development," Strategic Management Journal (13), 1992, pp. 111-125.
	26	MacKinlay, C. A. "Event Studies in Economics and Finance," Journal of Economic Literature (35), 1997, pp. 13-39.
	27	McWilliams, A., and Siegel, D. "Event Studies in Management Research: Theoretical and Empirical Issues," Academy of Management Journal (40:3), 1997, pp. 626-657.
	28	Meznar, M. B.; Nigh, D.; and Kwok, C. C. Y. "Effect of Announcements of Withdrawal from South Africa on Stockholder Wealth," Academy of Management Journal (37:6), 1994, pp. 1633-1648.
	29	Tridas Mukhopadhyay , Sunder Kekre , Suresh Kalathur, Business value of information technology: a study of electronic data interchange, MIS Quarterly, v.19 n.2, p.137-156, June 1995 [doi>10.2307/249685]
	30	Nelson, R. R., and Winter, S. G. An Evolutionary Theory of Economic Change, Cambridge, MA: Harvard University Press, 1982.
	31	Pareira, J. "On the Internet, Toys"R"Us Plays Catch-up," Wall Street Journal, August 19, 1999, pp. B1.
	32	Peteraf, M. A. "The Cornerstones of Competitive Advantage: A Resource-based View," Strategic Management Journal (14:3), 1993, pp. 179-191.
	33	Satterthwaite, R. "Survey Results: The Real Costs of E-Commerce," Gartner Advisory Research Note (M-07-8931), May 1999.
	34	Starbuck, W. H. "Unlearning Ineffective or Obsolete Technologies," International Journal of Technology Management (11), 1996, pp. 725-737.
	35	Subramani, M. R., and Henderson, J. C. "The Shifting Ground Between Markets and Hierarchies: Managing a Portfolio of Relationships," in The Administrative Evolution, S. C. Rush and R. N. Katz (ed.), New York: Anker Publishing, 1999.
	36	Wall Street Journal. "Dow Jones Creates New Index Based On Internet Shares," February 18, 1999, p. C10.
	37	Wright, P.; Ferris, S. P.; Hiller, J. S.; and Kroll, M. "Competitiveness through Management of Diversity: Effects on Stock Price Valuation," Academy of Management Journal (38:1), 1995, pp. 272-287.
	38	Yoffie, D. B., and Cusumano, M. A. "Building a Company on Internet Time: Lessons from Netscape," California Management Review (41:3), 1999, pp. 8-28.
	39	Ziff-Davis' Infobeads. "The Hordes Cometh," May 1, 1999 (http://www.infobeads.com/insider/pages/topics/internet/ 042299/Default.asp).

CITED BY 4

	Mani Subramani , Eric Walden, Economic returns to firms from business-to-business electronic commerce initiatives: an empirical examination, Proceedings of the twenty first international conference on Information systems, p.229-241, December 2000, Brisbane, Queensland, Australia
	Peter Middleton, Aligning individual and organizational values to facilitate information systems adoption, Proceedings of the 2004 ACM workshop on Interdisciplinary software engineering research, November 05-05, 2004, Newport Beach, CA, USA
	Eric Walden , Glenn J. Browne, Rational fads in investor reactions to electronic commerce announcements: An explanation of the Internet bubble, Electronic Commerce Research and Applications, v.7 n.1, p.44-54, April, 2008
	Wilfred W. Wu , Song-Horng Lin , Yea-Yun Cheng , Cheng-Hwai Liou , Jui-Yuan Wu , Yi-Hua Lin , Frederick H. Wu, Changes in MIS research: status and themes from 1989 to 2000, International Journal of Information Systems and Change Management, v.1 n.1, p.3-35, November 2006