Impact of COVID-19 on the Efficiency of Indian IT Companies

IF 3 Q2 BUSINESS

Vision-The Journal of Business Perspective Pub Date : 2023-10-19 DOI:10.1177/09722629231202082

Hanna Olasiuk, Sanjeev Kumar, Prashant Sharma, Tetiana Ganushchak

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引用次数: 0

Abstract

The purpose of this study is to investigate the impact of the COVID-19 epidemic on Indian information technology enterprises using data from the 10 largest IT firms listed on the Nifty IT index. Data were sourced from the PROWESS IQ database for 2017–2022. Input-oriented data envelopment analysis (DEA) using CCR and BCC models was applied by taking gross revenue as an output and labour, costs of fuel, materials, power, administrative and general costs as input variables. The study finds a positive although not statistically significant difference in the efficiency of Nifty IT companies during COVID-19 compared to pre-pandemic levels. Additionally, firms experienced higher scale efficiency compared to production efficiency growth throughout 2020–2022. Around 70% of Nifty IT firms faced a decreased efficiency in input utilization during the COVID-19 outbreak. Further, 50% of Nifty IT firms operated under increasing returns to scale and required expansion of business in 2021–2022. The dimensions of returns to scale exhibited stability in the long run. Companies with increasing returns to scale had a 7% lower average technical efficiency than firms with decreasing returns to scale. Large firms demonstrated better scale efficiency. The results of the study can be used by managers to increase the efficiency of firms.

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COVID-19对印度IT公司效率的影响

本研究的目的是利用Nifty IT指数列出的10家最大的IT公司的数据，调查COVID-19疫情对印度信息技术企业的影响。数据来自2017-2022年的超凡智商数据库。使用CCR和BCC模型的投入导向数据包络分析(DEA)将总收入作为产出，将劳动力、燃料成本、材料成本、电力成本、管理成本和一般成本作为输入变量。研究发现，与大流行前相比，新冠肺炎期间漂亮IT公司的效率出现了积极的差异，尽管在统计学上没有显著差异。此外，与2020-2022年期间的生产效率增长相比，企业的规模效率更高。在2019冠状病毒病爆发期间，约70%的漂亮IT公司面临投入利用效率下降的问题。此外，50%的漂亮IT公司在规模回报不断增长的情况下运营，并需要在2021-2022年扩大业务。从长期来看，规模回报的维度表现出稳定性。规模报酬递增的企业的平均技术效率比规模报酬递减的企业低7%。大型企业表现出更好的规模效率。研究结果可以被管理者用来提高企业的效率。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Vision-The Journal of Business Perspective Multiple-

CiteScore

4.60

自引率

0.00%

发文量

121

期刊介绍： Vision-The Journal of Business Perspective is a quarterly peer-reviewed journal of the Management Development Institute, Gurgaon, India published by SAGE Publications. This journal contains papers in all functional areas of management, including economic and business environment. The journal is premised on creating influence on the academic as well as corporate thinkers. Vision-The Journal of Business Perspective is published in March, June, September and December every year. Its targeted readers are researchers, academics involved in research, and corporates with excellent professional backgrounds from India and other parts of the globe. Its contents have been often used as supportive course materials by the academics and corporate professionals. The journal has been providing opportunity for discussion and exchange of ideas across the widest spectrum of scholarly opinions to promote theoretical, empirical and comparative research on problems confronting the business world. Most of the contributors to this journal range from the outstanding and the well published to the upcoming young academics and corporate functionaries. The journal publishes theoretical as well as applied research works.