Does Adoption of Information Technology Improve Firm Performance? A Survey of Firms Listed in the Nairobi Securities Exchange

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dc.contributor.authorWambu, Carolyne Wanjiku
dc.contributor.authorIrungu, Dancan Njagi
dc.date.accessioned2021-06-08T08:35:33Z
dc.date.available2021-06-08T08:35:33Z
dc.date.issued2014
dc.descriptionPublished Journal Articleen_US
dc.description.abstractInformation technology has become a major driver for firm performance in the 21st century. Many firms however, have lagged behind in the adoption of IT which a major drawback given the nature of global competition. The objective of the study is to determine the effects of the adoption of Information Technology on organisational performance which is a survey of firms listed in the Nairobi Securities Exchange. Cross sectional research design was used in the study. The study targeted the chief information technology officers, information technology managers, information system managers and managers involved in policy making decisions on computing systems in all the companies listed in the Nairobi securities exchange. Both open ended and closed questionnaires instrument was used to gather the data. The study found out that competitive advantage, cutting costs, customer service and convenience, enhancing security, and financial management are the attributes that are associated with adoption of information technology and this improves the performance of the firms listed in the NSE. The study concludes that IT adoption has an effect on performance of firms listed at NSE, in addition environmental, strategic and managerial factors have an effect of IT adoption on the performance of organisations. The study recommends that firms should invest in IT capabilities and IT resources in order to spur performance.en_US
dc.description.sponsorshipDaystar University, School of Business and Economicsen_US
dc.identifier.citationJournal of Economics and Sustainable Development: Vol.5, No.23, 2014en_US
dc.identifier.issn2222-2855
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/3548
dc.language.isoenen_US
dc.publisherWambu, C. W., Irungu, D., N., (2014). Journal of Economics and Sustainable Developmenten_US
dc.subjectInformation technologyen_US
dc.subjectSecurity exchangeen_US
dc.titleDoes Adoption of Information Technology Improve Firm Performance? A Survey of Firms Listed in the Nairobi Securities Exchangeen_US
dc.typeArticleen_US

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