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Enterprise Application Integration and its Effect on Business Value: A Stock Market View

Year: 2006
Type: article
Abstract: Enterprise application integration (EAI), or software technologies designed to integrate various corporate computer systems, are rapidly gaining importance.The objective of this study is to ascertain the relevance of EAI to achieving tangible benefits, specifically from the investors' perspective.Using an event study approach and 71 corporate announcements of EAI implementations, we attempt to shed some light on this issue by analyzing stock price reactions.Our results suggest that from investors' perspective, EAI investments are not always positive.Furthermore, investors react negatively to financially distressed companies investing in EAI.
Language: English
Open Access status: green
OpenAlex ID: W1569519014
FWCI: 1.565
Cites: 24
Cited by: 3
Related to: 10