Informatization Technology Investment,University Governance,and Budget Execution Efficiency——An Empirical Study Based on Quasi-natural Experiment of Information Construction in Jiangsu Provincial Universities
Using a difference-in-differences(DID)approach with panel data from 55 universities in Jiangsu Province from 2017 to 2021,this study examines the impact of information technology(IT)investment on budget execution.The findings reveal that IT investment significantly improves budget execution progress.However,the political vitality of university leadership significantly moderates this effect,dampening the positive impact of IT investment.Further analysis shows that IT investment significantly improves the balance of project budgets and overall budget execution for current-year projects,but not for projects carried over from previous years.The positive effect of IT investment on budget execution efficiency is significant in undergraduate universities but not in higher vocational colleges.The study suggests that IT investment enhances budget execution through two primary mechanisms within the university governance system:increasing the willingness to execute budgets and improving the capacity to do so.Based on these findings,the study recommends strengthening modern governance systems,increasing IT investment(with appropriate consideration for higher vocational colleges),aligning university governance systems with political vitality,optimizing budget balancing for multi-year projects,and leveraging IT to modernize budget management and promote the high-quality development of universities.
informatization technology investmentinformatization constructionuniversity governancemodernization of governancebudget execution efficiency
NETL
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万方数据
