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Investments in enterprise integration technology: An event study

Author

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  • Narcyz Roztocki

    (State University of New York at New Paltz)

  • Heinz Roland Weistroffer

    (Virginia Commonwealth University)

Abstract

This study examines stock market reactions to investments in enterprise resource planning and enterprise application integration technologies, using signaling theory concepts as explaining theory. The empirical results presented in this paper indicate that financial markets differentiate among technologies that companies invest in to integrate their information systems. In addition, this study confirms that technology maturity, financial health of the investing company, and stock market conditions are important factors influencing the stock market reaction.

Suggested Citation

  • Narcyz Roztocki & Heinz Roland Weistroffer, 2015. "Investments in enterprise integration technology: An event study," Information Systems Frontiers, Springer, vol. 17(3), pages 659-672, June.
    • Handle: RePEc:spr:infosf:v:17:y:2015:i:3:d:10.1007_s10796-013-9451-8
    DOI: 10.1007/s10796-013-9451-8
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    Cited by:

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    3. Feng Xu & Xin (Robert) Luo & Hongyun Zhang & Shan Liu & Wei (Wayne) Huang, 2019. "Do Strategy and Timing in IT Security Investments Matter? An Empirical Investigation of the Alignment Effect," Information Systems Frontiers, Springer, vol. 21(5), pages 1069-1083, October.
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    5. Sukruth Suresh & T. Ravichandran, 2022. "Value Gains in Business Process Outsourcing: The Vendor Perspective," Information Systems Frontiers, Springer, vol. 24(2), pages 677-690, April.

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