Open AccessThe Impact of ERP Systems on financial Performance of Central Public Sector Enterprises Working in Mineral and Metal Sector
Author(s) -
Ratikanta Behera,
Sunil Kumar Dhal
Publication year - 2020
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.b3287.079220
Subject(s) - business , return on equity , return on assets , public sector , equity (law) , early adopter , economic sector , financial sector , finance , financial system , economics , profitability index , marketing , economy , political science , law
The Central Public Sector Enterprises have been performing vital macroeconomic objectives of a country such as economic growth, development of infrastructure, and contribute to the positive market situation. ERP Systems implementation in CPSEs working in mineral and metal sector enhances the financial performance. Financial indicator like Return on Assets, Return on invested Capital, return on equity, and Return on sale have a significant impact on ERP Adopter when it compares with ERP non- adopter working in mineral and metal sector.