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Erp And Financial Performance €“ Case Study On Romanian Companies

Author

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  • 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
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    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)

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    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

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