Financial Appraisal and the IS/IT Investment Decision Making Process

Authors

Joan Ballantine
Stephanie Stray

Document Type

Research Article

Abstract

This paper explores the techniques used by organizations to appraise Information Systems (IS)/Information Technology (IT) investments, and concentrates, in particular, on techniques of capital investment appraisal. We draw on relevant studies reported in both the accounting and finance, and the IS literature, which have addressed their usage. Where possible comparisons are drawn between both sets of literatures. The results of a survey that specifically examined IS/IT investment appraisal practices of a sample of UK companies is also presented. Among the issues discussed include the extent to which capital investment appraisal techniques are used to appraisal investments, the importance of the techniques used and the problems attendant on the decision making process.

DOI

10.1177/026839629801300101

Recommended Citation

Ballantine, Joan and Stray, Stephanie (1998) "Financial Appraisal and the IS/IT Investment Decision Making Process," Journal of Information Technology: Vol. 13: Iss. 1, Article 1.
DOI: 10.1177/026839629801300101
Available at: https://aisel.aisnet.org/jit/vol13/iss1/1