Dr. André Schäfferling was a doctoral student at the Department of Information Systems and Services at the University of Bamberg. He graduated in Information Systems at the University of Bamberg and studied abroad at the Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) in Mexico.
Business Value of Information Technology
Corporate Ownership Structure
Accounting Information Systems (AIS)
Schäfferling, A. and Wagner, H. (2014)
Institutional Investors and the Development of IT Capability: Evidence from Publicly Listed Companies
Proceedings of the 35th International Conference on Information Systems (ICIS), Auckland, New Zealand
Investors often influence the strategic decisions of their holdings, such as long-term orientation and investments in intangible assets. Investigating IT capability as a strategic asset, we examine the influence of institutional shareholders' investment horizon and blockholdings on the development of organizational IT capability. We perform a panel data analysis of eleven years of archival data from publicly listed U.S. companies. Our findings show a positive relationship between a firm's ownership structure and the development of its IT capability. In particular, we find that equity owners that remain invested over long periods of time increase firms' likelihood of developing a continuous IT capability. In contrast, investors that can be classified as blockholders do not exert significant influence on their portfolio firms. By linking accounting research on firm ownership with ongoing IS research on IT capability, we provide new insides into the firm-level benefits of long-term oriented institutional investors on IT capability.
Schäfferling, A. (2013)
Determinants and Consequences of IT Capability: Review and Synthesis of the Literature
Proceedings of the 19th Americas Conference on Information Systems (AMCIS), Chicago (IL)
As IT spending continuously increased over the past years, it nowadays accounts for a significant amount of total corporate spending. However, firms require the ability to transform these investments into daily operations. Research shows that the organizational IT capability is the key to leverage IT investments and achieve desired outcomes. Research on IT capability thereby evolved as a major stream in the IT business value debate and the number of research articles on IT capability increased constantly over the years. The purpose of this literature review is to provide an overview of current findings on antecedents and consequences of IT capability and to identify directions for further research. This review synthesizes a collection of 30 research articles and thereby contributes to the literature on IT capability by identifying current gaps in the literature and offering new perspectives for future research.
Schäfferling, A. and Wagner, H. (2013)
Do investors recognize Information Technology as a strategic asset? A longitudinal analysis of changes in ownership structure and IT capability
Proceedings of the 21th European Conference on Information Systems (ECIS), Utrecht, The Netherlands
IT capability is known to increase financial performance and affects strategic topics like vertical integration and competitive action. It is seen as a strategic although intangible asset and receives a lot of interest in research and practice. Recent studies show that this organizational asset is developed over time and needs continuous investment to be built. Long-term oriented investors value strategic assets as they are essential drivers for firms' long-term success and survival. Hence, compared to other companies in the same industry, a higher ratio of long-term oriented investors in a firm's ownership structure should reflect a firm's ability to create strategic assets. Based on archival data from 2000 to 2009 we investigate the interplay of a firm's IT capability and its ownership structure. We find that superior IT capability is related to a high ratio of long-term oriented investors. Further, empirical analysis shows that changes in IT capability induce adjustments in the ownership structure. This study contributes to the body of literature on the business value of IT by studying the capital market effects of IT capability. Practical implications and areas of further research are outlined.