Firms depend on information technology to provide high quality internal information, but prior research suggests that IT is underutilized (Venkatesh and Bala 2008). Therefore, using a sample of firms with equivalent levels of technology in their information systems, I investigate whether firms that employ CEOs with IT expertise make forecasts that are more accurate. I argue that CEOs with IT expertise are more likely to encourage the utilization of IT in making earnings forecasts, thus increasing the accuracy of the forecasts. This argument is supported by prior research that suggests that people are more likely to utilize technology if they have more experience with IT (Venkatesh et al. 2012). This research suggests that executives with IT experience are more likely to utilize IT because they perceive it as easy to use. Overall, I find that CEOs with IT expertise make forecasts that are more accurate. In additional tests, I also find that CEOs with IT expertise do not manage earnings to maintain accuracy. Finally, I find that analysts are more likely to rely on information provided by CEOs with IT expertise. Additionally, analysts benefit from the high quality information provided by CEOs with IT expertise because analysts that revise their forecasts following a forecast issued by a CEO with IT expertise make forecasts that are more accurate.
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机译：公司依靠信息技术来提供高质量的内部信息，但是先前的研究表明，IT的利用不足（Venkatesh and Bala 2008）。因此，通过使用信息系统中具有同等技术水平的公司样本，我调查了雇用具有IT专业知识的CEO的公司是否做出了更准确的预测。我认为具有IT专业知识的CEO更有可能在进行收入预测时鼓励利用IT，从而提高了预测的准确性。该观点得到先前研究的支持，该研究表明，如果人们具有更多的IT经验，他们更有可能使用技术（Venkatesh等人，2012年）。这项研究表明，具有IT经验的高管更有可能利用IT，因为他们认为IT易于使用。总体而言，我发现具有IT专业知识的CEO做出的预测更加准确。在其他测试中，我还发现具有IT专业知识的CEO不会管理收入以保持准确性。最后，我发现分析师更可能依赖具有IT专业知识的CEO提供的信息。此外，分析师可以从具有IT专业知识的CEO提供的高质量信息中受益，因为分析师会根据具有IT专业知识的CEO发布的预测来修改其预测，从而使预测更加准确。
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