Title :
Stock Price Reactions to Investments in EAI and ERP: A Comparative Event Study
Author :
Roztocki, Narcyz ; Weistroffer, Heinz Roland
Author_Institution :
State Univ. of New York at New Paltz, New Paltz
Abstract :
The study described in this paper contributes to the growing repository of event studies in the field of information technology (IT) research. 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 stock market reaction.
Keywords :
enterprise resource planning; information systems; investment; share prices; stock markets; EAI; ERP; financial health; financial markets; information systems; information technology research; investments; stock market reaction; stock price reactions; technology maturity; Application software; Companies; Enterprise resource planning; IEEE news; Information systems; Information technology; Investments; Software packages; Stock markets; Testing;
Conference_Titel :
Hawaii International Conference on System Sciences, Proceedings of the 41st Annual
Conference_Location :
Waikoloa, HI
DOI :
10.1109/HICSS.2008.411
