The Changing Liability Structures Of Information Technology Firms Completed Research

Using Keynesian economics, this paper explores how information technology firms structure their liabilities before and after three economic downturns spanning from 1986 through 2016. We investigate changes in the proportional holdings of long-term debt, current liabilities, other liabilities, and deferred taxes and investment tax credit within four IT industries: hardware, services, trades and telecommunications. We hypothesize and find that liability structures changed differently among the IT industries. We however found that and these changes were inconsistent over time across these industries. These results have theoretical, practical and future research implications on the liability structure in view of contextual macroeconomic dynamics.