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Enterprise Resource Planning and Firm Value: Case of Oil and Gas Firm in Indonesian Stock Exchange

Author

Listed:
  • D.P. Emrinaldi Nur

    (University of Riau, Indonesia.)

  • Adhitya Agri Putra

    (University of Riau, Indonesia.)

Abstract

Since oil price crash has big impact on oil and gas firm value, it is important to implements information technology for value improvement, such as enterprise resource planning implementation. This research is aimed to examine the effect of enterprise resource planning implementation on oil and gas firm value. Research sample are oil and gas firms which listed in Indonesian Stock Exchange 2013-2018. Enterprise resource planning implementation is measured by dummy variable. Firm value is measured by return on assets and market to assets value. Based on random effect regression analysis, enterprise resource planning implementation increases firm value. Enterprise resource planning provides higher information quality, integrated relationship between firms functions and departments, integrated relationship between supplier and customer, also efficiency in resource usage.

Suggested Citation

  • D.P. Emrinaldi Nur & Adhitya Agri Putra, 2020. "Enterprise Resource Planning and Firm Value: Case of Oil and Gas Firm in Indonesian Stock Exchange," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 185-189.
    • Handle: RePEc:eco:journ2:2020-06-24
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    References listed on IDEAS

    as
    1. Veysel Ulusoy & Caner zdurak, 2018. "The Impact of Oil Price Volatility to Oil and Gas Company Stock Returns and Emerging Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 144-158.
    2. Cornelia Endra Kristianti & Didi Achjari, 2017. "Penerapan Sistem Enterprise Resource Planning: Dampak Terhadap Kinerja Keuangan Perusahaan," Jurnal Akuntansi dan Auditing Indonesia, Accounting Department, Faculty of Business and Economics, Universitas Islam Indonesia, vol. 21(1), pages 1-11, Juni.
    3. Kanellou, Alexandra & Spathis, Charalambos, 2013. "Accounting benefits and satisfaction in an ERP environment," International Journal of Accounting Information Systems, Elsevier, vol. 14(3), pages 209-234.
    4. Cornelia Endra Kristianti & Didi Achjari, 2017. "Penerapan sistem enterprise resource planning: dampak terhadap kinerja keuangan perusahaan," Jurnal Akuntansi dan Auditing Indonesia, Accounting Department, Faculty of Business and Economics, Universitas Islam Indonesia, vol. 21(1), pages 1-11.
    5. Robert Scapens & Mostafa Jazayeri, 2003. "ERP systems and management accounting change: opportunities or impacts? A research note," European Accounting Review, Taylor & Francis Journals, vol. 12(1), pages 201-233.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    enterprise resource planning; firm value; Indonesian stock exchange; oil and gas; return on assets; market to assets value;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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