The ERP Implementation and firm performance : An Investigation of Corporate Governance
| Autor: | Yi-HanChen, 陳依涵 |
|---|---|
| Rok vydání: | 2013 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 101 This study examines the impacts of ERP systems on firm performance. We use both benefit indexes and cost indexes as proxy variables for firm performance, and we collect 222 firms in 28 industry groups that implemented ERP systems between 1995 and 2012. A primary focus of this research is to investigate how the impacts of ERP implementation on firm performance would be affected by corporate governance. The results show that after ERP implementation, the employee contribution, assets turnover (ATO) and return on sales (ROS) all increase while the operating expense ratio decreases. However, the effects are not significant. The results also indicate that as the board size increases, the employee contribution significantly decreases. The results also show that as the director equity pledge ratio increases, the ROA and ROS significantly decrease; as the share controlled by institutional investors increases, both the ROA and ROS increase significantly. The results also show that the ATO significantly decreases as the pyramid structure and cross-holding structure exist in firms. In regards to the cost dimension, the results indicate that the operating expense ratio and operation cost ratio significantly increase as the director equity pledge ratio increases. The results also show that as the share controlled by institutional investor increases, the operating expense ratio, COGS ratio and operational cost ratio decrease significantly. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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