1st ICARE Student's Conference - 2015

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    Adoption of information technology to productivity changes in the Sri Lankan banking industry
    (Department of Accountancy, University of Kelaniya, 2015) Fernando, P.
    The rapidly increasing use of computers in producing and delivering goods and services has spurred a large literature on the effects of information technologies (IT) on productivity growth (Casolaro & Gobbi, 2004). Information and communication technology (ICT) can be considered the key factor driving economic growth in industrial societies. Investing in IT is widely regarded as having enormous potential for reducing costs, enhancing productivity, and improving living standards (Hajl, Sims, & Ibragimov, 2013). In recent years, greater competition in SL banking has been driven by technological change, internationalization and globalization of financial services, higher demand for banking services and deregulation and privatization of the industry (Figueira, Nellis, & Parker, 2009). The Internet has provided an environment in which information can travel across organizational and geographical boundaries (Dasgupta, Sarkis, & Talluri, 1999). Comparison of ICT investment to all other expenditures connected with the production process illustrates the growing significance of ICT in the modern economy as a factor of production (Hajl, Sims, & Ibragimov, 2013). The purpose this research is to observe whether Information technology is an indicator of a poductivity. The sample for this research will be obtained from the Sri Lankan listed commercial banks. The objective of this research is to findout to identify relationship between information technology and productivity changes.
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    The investment of information technology on performance of the organization
    (Department of Accountancy, University of Kelaniya, 2015) Pathirana, M.P.D.M.
    Many organizational leaders and strategy scholars would agree that the ability to effectively manage information within the firm has become critically important because it may provide a basis for gaining a competitive advantage (Tippins, 2003).Many business people invest large amount of funds for information technology to improve the performance of the organization. The objective of this research is to find the relationship between investment of IT and firm performance of the manufacturing organizations. According to this research independent variables are amount of investment of IT, Investment of IT percentage of total assets and Investment of IT percentage of total investment. Dependent variable is Return of assets (Weill,1992).Secondary evidence used for this research. Ten years of historical data on IT investment and performance was collected using Annual reports of CSE website. In the recent past, researchers have shown conflicting results regarding the returns to IT investment. Some researchers posit that the equivocal results of IT investment are due to inconsistent measurement of firm performance and investment (Lim, Richardson, Roberts, 2004).To gain best result used SPSS tools for analyze the variables and data. The important of this research is to gain more knowledge about IT and its effect of the organizations.