IDEAS home Printed from https://ideas.repec.org/a/aic/revebs/y2022j29ungureanui.html
   My bibliography  Save this article

Erp And Financial Performance €“ Case Study On Romanian Companies

Author

Listed:
  • IULIA UNGUREANU

    (Alexandru Ioan Cuza University of Iasi, Doctoral School of Economics and Business Administration, Iasi, Romania)

Abstract

This study is conducted based on analysis of 397 companies from Romania. The study evaluates the impact of ERP solutions on the financial performance of companies, viewed from the perspective of the business model, in the sense of decreasing expenditures or increasing revenues and turnover. Using the Least Squares method (OLS) and the Difference in Difference model, the study results show that there is a strong correlation between the implementation of ERP solutions and the increase in turnover, respectively the decrease in revenues. The results obtained do not reveal an influence of the ERP implementation on the expenditures.

Suggested Citation

  • Iulia Ungureanu, 2022. "Erp And Financial Performance €“ Case Study On Romanian Companies," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 29, pages 47-59, June.
    • Handle: RePEc:aic:revebs:y:2022:j:29:ungureanui
    DOI: 10.47743/rebs-2022-1-0003
    as

    Download full text from publisher

    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/324.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.47743/rebs-2022-1-0003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jeanne W. Ross & Michael R. Vitale, 2000. "The ERP Revolution: Surviving vs. Thriving," Information Systems Frontiers, Springer, vol. 2(2), pages 233-241, August.
    2. Mabert, Vincent A. & Soni, Ashok & Venkataramanan, M. A., 2001. "Enterprise resource planning: common myths versus evolving reality," Business Horizons, Elsevier, vol. 44(3), pages 69-76.
    3. Nicolaou, A. & Bhattacharya, S., 2008. "Sustainability of ERPS performance outcomes: The role of post-implementation review quality," International Journal of Accounting Information Systems, Elsevier, vol. 9(1), pages 43-60.
    4. Al-Mashari, Majed & Al-Mudimigh, Abdullah & Zairi, Mohamed, 2003. "Enterprise resource planning: A taxonomy of critical factors," European Journal of Operational Research, Elsevier, vol. 146(2), pages 352-364, April.
    5. Teittinen, Henri & Pellinen, Jukka & Järvenpää, Marko, 2013. "ERP in action — Challenges and benefits for management control in SME context," International Journal of Accounting Information Systems, Elsevier, vol. 14(4), pages 278-296.
    6. Austin Nichols, 2007. "Causal inference with observational data," Stata Journal, StataCorp LP, vol. 7(4), pages 507-541, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wenjuan Xu & Peiyu Ou & Weiguo Fan, 2017. "Antecedents of ERP assimilation and its impact on ERP value: A TOE-based model and empirical test," Information Systems Frontiers, Springer, vol. 19(1), pages 13-30, February.
    2. Zhu, Yan & Li, Yan & Wang, Weiquan & Chen, Jian, 2010. "What leads to post-implementation success of ERP? An empirical study of the Chinese retail industry," International Journal of Information Management, Elsevier, vol. 30(3), pages 265-276.
    3. Aloini, Davide & Dulmin, Riccardo & Mininno, Valeria, 2012. "Modelling and assessing ERP project risks: A Petri Net approach," European Journal of Operational Research, Elsevier, vol. 220(2), pages 484-495.
    4. Su, Yi-fen & Yang, Chyan, 2010. "Why are enterprise resource planning systems indispensable to supply chain management?," European Journal of Operational Research, Elsevier, vol. 203(1), pages 81-94, May.
    5. Alin Marius Andrieș & Iulia Ungureanu, 2022. "ERP and Performance of Companies in Romania," JRFM, MDPI, vol. 15(10), pages 1-12, September.
    6. Nicolaou, A. & Bhattacharya, S., 2008. "Sustainability of ERPS performance outcomes: The role of post-implementation review quality," International Journal of Accounting Information Systems, Elsevier, vol. 9(1), pages 43-60.
    7. Nancy `Mogikoyo Marika & Kate Litondo & Muranga Njihia, 2018. "Extended Enterprise Resource Planning Systems (EERP) and Supply Chain Integration: A Literature Review," Noble International Journal of Social Sciences Research, Noble Academic Publsiher, vol. 3(4), pages 21-27, April.
    8. Van Ha, Le, 2024. "Unveiling a novel approach to corruption measurement: Leveraging household survey data on income and expenditure through forensic analysis," Economic Modelling, Elsevier, vol. 136(C).
    9. A. Abigail Payne, 2009. "Does Government Funding Change Behavior? An Empirical Analysis of Crowd-Out," NBER Chapters, in: Tax Policy and the Economy, Volume 23, pages 159-184, National Bureau of Economic Research, Inc.
    10. Abdesamad Zouine & Pierre Fenies, 2014. "The Critical Success Factors Of The ERP System Project: A Meta-Analysis Methodology," Post-Print hal-01419785, HAL.
    11. Kapoor, Supriya & Peia, Oana, 2021. "The impact of quantitative easing on liquidity creation," Journal of Banking & Finance, Elsevier, vol. 122(C).
    12. Angelo Secchi & Federico Tamagni & Chiara Tomasi, 2016. "Financial constraints and firm exports: accounting for heterogeneity, self-selection, and endogeneity," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 25(5), pages 813-827.
    13. Karl R. Geisler & Mark W. Nichols, 2016. "Riverboat casino gambling impacts on employment and income in host and surrounding counties," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 101-123, January.
    14. Botta-Genoulaz, Valerie & Millet, Pierre-Alain, 2006. "An investigation into the use of ERP systems in the service sector," International Journal of Production Economics, Elsevier, vol. 99(1-2), pages 202-221, February.
    15. Qiu, Yueming (Lucy) & Wang, Yi David & Xing, Bo, 2021. "Grid impact of non-residential distributed solar energy and reduced air emissions: Empirical evidence from individual-consumer-level smart meter data," Applied Energy, Elsevier, vol. 290(C).
    16. Rana M. Airout & Qasim A. Alawaqleh & Nashat A. Almasria & Fahd Alduais & Sonia Q. Alawaqleh, 2023. "The Moderating Role of Liquidity in the Relationship between the Expenditures and Financial Performance of SMEs: Evidence from Jordan," Economies, MDPI, vol. 11(4), pages 1-22, April.
    17. Placide Poba-Nzaou & Sylvestre Uwizeyemungu & Louis Raymond & Guy Paré, 2014. "Motivations underlying the adoption of ERP systems in healthcare organizations: Insights from online stories," Information Systems Frontiers, Springer, vol. 16(4), pages 591-605, September.
    18. Mark Partridge & Tim Sass, 2011. "The productivity of elected and appointed officials: the case of school superintendents," Public Choice, Springer, vol. 149(1), pages 133-149, October.
    19. Clemens, Michael A. & Tiongson, Erwin R., 2012. "Split decisions : family finance when a policy discontinuity allocates overseas work," Policy Research Working Paper Series 6287, The World Bank.
    20. Miguel Ángel Malo & Ricardo Pagán, 2014. "Hiring Workers with Disabilities When a Quota Requirement Exists: The Relevance of Firm’s Size," AIEL Series in Labour Economics, in: Miguel Ángel Malo & Dario Sciulli (ed.), Disadvantaged Workers, edition 127, chapter 0, pages 49-63, Springer.

    More about this item

    Keywords

    ERP; financial performance; organizational performance; accounting and finances; efficiency; business model.;
    All these keywords.

    JEL classification:

    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2022:j:29:ungureanui. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.