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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v7i5.8600</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>The Influence of Information Technology Investment on the Organizational Performance: The Moderating Role of External Environment</title><url>https://artdesignp.com/journal/PBES/7/5/10.26689/pbes.v7i5.8600</url><author>ShiZhilin,KwongSimon Choong Mun</author><pub-date pub-type="publication-year"><year>2024</year></pub-date><volume>7</volume><issue>5</issue><history><date date-type="pub"><published-time>2024-10-22</published-time></date></history><abstract>In the information era, enterprises can enhance organizational performance through advanced information technology. Based on the resource-based view, this paper examines the mechanism by which information technology (IT) investment influences organizational performance, with the external environment as a moderating variable. Using 265 valid samples collected from agricultural enterprises in Shandong province, this study conducts an empirical test through partial least squares structural equation modeling. The results demonstrate that IT investment has a significant positive effect on organizational performance, and the external environment significantly moderates the relationship between IT investment and organizational performance. This research contributes to a deeper understanding of the relationship between IT investment and organizational performance, enriches resource-based theory, expands the research framework on IT investment, and offers guidance for enterprises seeking sustainable growth.</abstract><keywords/></article-meta></front><body/><back><ref-list><ref id="B1" content-type="article"><label>1</label><element-citation publication-type="journal"><p>Yang J, Zhang Y, Han W, et al., 2020, Can Top Management Team Shape the Competitive Advantage of New Enterprises Through Business Model Innovation? An Empirical Study Based on the CPSEDII Database. Managing the World, 36(7): 55–77.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B2" content-type="article"><label>2</label><element-citation publication-type="journal"><p>Chen Y, 2021, China’s Tech Investment Continues to Grow. 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