Data quality and firm performance: empirical evidence from the Korean financial industry
| Autor: | Jae Kyeong Kim, Jun Yong Xiang, Sangho Lee |
|---|---|
| Rok vydání: | 2012 |
| Předmět: |
business.industry
Communication Maturity (finance) Empirical research Market value added Data quality Value (economics) Earnings before interest and taxes Business Management and Accounting (miscellaneous) Business Marketing Empirical evidence Industrial organization Financial services Information Systems |
| Zdroj: | Information Technology and Management. 14:59-65 |
| ISSN: | 1573-7667 1385-951X |
| DOI: | 10.1007/s10799-012-0145-6 |
| Popis: | Despite popular belief that timely and precise data are important and indispensable to good decisions and that good decisions are related to better firm performance, empirical research that examines the effect of data quality on firm performance is still scarce. How great an impact does data quality have on firm performance? This study empirically investigates the effect of firm-level data quality on firm performance in the Korean financial industry during 2008---2010. The results show that commercial banks have high-quality data, while credit unions have comparatively low-quality data. They also show that better data quality has a positive influence on sales, operating profit, and value added. Improving the level of data quality management maturity by one can increase firm performance by 33.7 % in sales, 64.4 % in operating profit, and 26.2 % in value added. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink