Proceedings of Annual Conference of Japan Association for Social Informatics
Proceedings of the 21th Annual Conference of Japan Association for Social
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Host: The Japan Association for Social Informatics

ICT Investment and Firm Value as Measured by Tobin's q
*Keima Ueno, Hideyuki Tanaka
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Pages 30-33

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Abstract
This paper aims to verify the relation between information communication technology (ICT) investment and firm value by using Japanese firm level data. The results empirically show that stock market might appreciate firm's ICT investment. The results also present that ICT investment might lead to be firm's intangible capital.
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© 2006 by Japan Association for Social Informatics
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