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IT investments’ features in the Romanian banking industry

Author

Listed:
  • Camelia CIOLAC

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

The paper aims to present some of the features of IT investments in the banking industry. Theoretical aspects, summarized from the literature come illustrated along with empirical findings from the Romanian banking industry. The present paper aims to provide the main drivers for IT investment in banks as well as the criteria involved when selecting a particular course of action in the associated decision-making process. The study is enriched with examples of software applications acquired by some of the major banks in Romania in the past seven years. The IT investment strategies presented in this paper can be considered proven successful practices of business-IT alignment in the Romanian banking industry

Suggested Citation

  • Camelia CIOLAC, 2010. "IT investments’ features in the Romanian banking industry," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 128-139, June.
    • Handle: RePEc:rom:econmn:v:13:y:2010:i:1:p:128-139
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    More about this item

    Keywords

    IT investments; Romanian banks; diversification; management; strategy;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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