Website Quality and Performance Indicators Including Ratio Numbers – A Study of German and Danish SME Companies

Authors

  • Heiko Henning Thimm Pforzheim University GERMANY (AACSB accredited)
  • Karsten Boye Rasmussen Univesity of Southern Denmark Department of Marketing & Management
  • Wolfgang Gohout Pforzheim University GERMANY (AACSB accredited)

DOI:

https://doi.org/10.18533/job.v1i6.39

Keywords:

website quality, company performance indicators, small and medium enterprises, correlation analysis

Abstract

From an investment into a good company website usually economic advantages are expected. However, there only exist a few studies about the correlations between economic indicators and the quality of company websites. To investigate these correlations is one of the objectives of an international long-term study of 1,000 small and medium-sized European production companies in Germany and Denmark.

This article gives an overview of the research project with an emphasis on the statistical investigations, the obtained results, and possible interpretations. It is demonstrated how in correlation analyses one can obtain insights also from ratio numbers such as the financial gearing.    

Author Biography

  • Heiko Henning Thimm, Pforzheim University GERMANY (AACSB accredited)

    Heiko Thimm is a full professor for quantitative methods and information technology at the AACSB accredited Pforzheim University, Germany.

    He holds a Master Degree from the New Jersey Institute of Technology in Newark, NJ and a PhD Degree from the Technical University of Darmstadt, Germany both in Computer Science. From 1992-1998 he carried out his PhD research at the German National Research Center for Computer Science (GMD-IPSI) where he was involved in several pioneering Internet research projects. Before his return to academia in 2004 he worked 7 years at SAP AG and Sun Microsystems among others he gained valuable practical experience in information systems engineering and management. He published over 50 articles in international conference proceedings and scientific journals such as ACM CSCW, IEEE Data Engineering, IEEE Multimedia Computing and Systems, ECIS, IEEE HICSS, Int. Journal on Computer Applications in Technology, Int. Journal of Distributed Systems and Technology, and SAGE Bulletin of Sociological Methodology.

     His current research interests include: website research, business applications in SMEs, information systems for sustainability management, collaboration support technology and decision support systems, active and intelligent information systems.

References

Beaird. (2007). The Principles of Beautiful Web Design. Sitepoint. Sitepoint.

Bureau van Dijk. (2015, July). orbis – company information around the globe. Retrieved from http://www.bvdinfo.com/de-de/about-us/brochure-library/brochures/orbis

Chang, K., Chen, M.-C., Hsu, C.-L., & Kuo, N.-T. (2012). Integrating loss aversion into a technology acceptance model to assess the relationship between website quality and website user's behavioural intentions. Total Quality Management & Business Excellence, 23(7/8), pp. 913-930.

Cheung, W. M., & Huang, W. (2002). An investigation of commercial usage of the World Wide Web: a picture from Singapore. International Journal of Information Management, 22(5).

Chunchi, W., & Ho, S. J. (1997). Financial Ratio Adjustment: Industry-Wide Effects or Strategic Management. Review of Quantitative Finance & Accounting, 9(1), pp. 71-88.

Ford, E. W., Huerta, T. R., Diana, M. L., Kazley, A. S., & Menachemi, N. (2013). Patient Satisfaction Scores and Their Relationship to Hospital Website Quality Measures. Health Marketing Quaterly, 30(4), pp. 334-348.

George, G., Zahra, S. A., & Wood, D. R. (2002). The effects of business—university alliances on innovative output and financial performance: a study of publicly traded biotechnology companies. Journal of Business Venturing, 17(6).

Gladen, W. (2014). Performance Measurement : Controlling mit Kennzahlen. Springer.

Gonzalez, F. J., & Palacios, T. M. (2004). Quantitative evaluation of commercial web sites: An empirical study of Spanish firms. International Journal of Information Management, 24(4), pp. 313-328.

Gregg, D. G., & Walczak, S. (2010). The relationship between website quality, trust and price premiums at online auctions. Electronic Commerce Research, 10(1), pp. 1-25.

Hanusz, Z., & Tarasinska, J. (2014). On multivariate normality tests using skewness and kurtosis. Colloquium Biometricum. Colloquium Biometricum, 44, S. 139-148.

Hernandez, B., Jimenez, J., & Martin, M. J. (2009). Key website factors in e-business strategy. International Journal of Information Management, 29(5), pp. 362-371.

Hsiu-Fen, L. (2007). The Impact of Website Quality Dimensions on Customer Satisfaction in the B2C E-commerce Context. Total Quality Management & Business Excellence, 18(4), pp. 363-378.

Hung-Chang, C., Yi-Ching, H., & Ching-Yi, K. (2005). Website quality and customer's behavioural intention: an exploratory study of the role of information asymmetry. Total Quality Management & Business Excellence, 16(2), pp. 185-197.

Hur, Y., Jae Ko, Y., & Valacich, J. (2011). A Structural Model of the Relationships Between Sport Website Quality, E-Satisfaction, and E-Loyalty. Journal of Sport Management, 25(5), S. 458-473.

Kaplan, R. S., & Norton, D. P. (1992). The Balanced Score Card — Measures That Drive Performance. Harward Business Review, pp. 71-79.

Kaya, T., & Kahramann, C. (2011). A FUZZY APPROACH TO E-BANKING WEBSITE QUALITY ASSESSMENT BASED ON AN INTEGRATED AHP-ELECTRE. E-BANKININKYSTĖS TINKLAPIŲ KOKYBĖS VERTINIMAS PAREMTAS INTEGRUOTU NEAPIBRĖŽTŲJŲ AIBIŲ AHP-ELECTRE METODU., 17(2), pp. 313-334.

Krell, K. (2015). Krell, K.: Empirical Data Analysis of SME Companies in two adjoining European Regions on Website Quality and Company Development, Bachelor Thesis. Pforzheim: Pforzheim University.

Masurel, E. (2004). Websites and SMEs: do they have productivity impact. International Journal od Entrepreneurship & Innovation Management, 4(1).

McIntire. (2008). Visual Design for the Modern Web. Berkely, CA: New Riders.

Merritt, C. (2015). Net Sales or Revenue Vs. Net Income. Abgerufen am 1. July 2015 von from http://smallbusiness.chron.com/net-sales-revenue-vs-net-income-59947.html

Miller, S. (2015). Unternehmenskennzahlen - Bewertung der Unternehmensperformance durch Kennzahlen. Abgerufen am 5. June 2015 von http://www.online-artikel.de/article/unternehmenskennzahlen-bewertung-der-unternehmensperformance-durch-kennzahlen-55473-1.html

Rasmussen, K. B., & Thimm, H. H. (2011, June). SMEs Experience of Collaboration and their IT Maturity. Proc. 10th European Conference on Research Methodology for Business and Management Studies, Caen, France, pp. 435-444.

Rasmussen, K. B., & Thimm, H. H. (2015, Vol. 127). Rasmussen, K., Thimm, H.: Circumventing Nonresponse - Upgrading Traditional Company Survey Data with Unobtrusive Data from Company Web Sites, 2015, Vol. 127, SAGE, pp. 85-96. Bulletin of Sociological Methodology, SAGE, pp. 85-96.

Recher, A., Tschulik, A., & Martinuzzi, A. (2002). EMAS – an Instrument for Environmental Communication (Examining EMS-evaluation Studies). Proceedings 16th Conf. EnviroInfo, Environmental Communication in the Information Society, Wien, pp. 387-395.

Rosenfeld, L., & Morville, P. (2002). Information Architecture for the World Wide Web (second edition). Sebastopol, CA: O'Reilly.

Schilling, C. (2015). Schilling, C.: Website Quality and Company Development – Investigations of Empirical Data of German and Danish SME Companies, Bachelor Thesis. Pforzheim: Pforzheim University.

Sharma, D. (2005). The association between ISO 9000 certification and financial performance. The International Journal of Accounting, 40(2), p. 151.

Sierpinska, M., & Jachna, T. (2004). Ocena przedsie ̨biorstwa wedÅ‚ug standardo Ìw s Ìwiatowych. Warszawa, Poland: Wydawnictwo Naukowe PWN.

Smith, J., Skousen, F., & Simons, H. (1984). Intermediate Accounting, 9 Edition. Cincinnati, OH: Thomson South-Western.

Specht, K., Bulander, R., & Gohout, W. (2012). Statistik für Wirtschaft und Technik. De Gruyter Oldenbourg.

Statistica. (2015, Dezember 20). Anteil der Internetnutzer in der Europäischen Union (EU-28) nach Ländern im Jahr 2015. Retrieved from http://de.statista.com/statistik/daten/studie/184636/umfrage/internetreichweite-anteil-der-nutzer-in-europa/

Tan, C. S., & Smyrnios, K. X. (2011). HOW DO AUSTRALIAN FAST-GROWTH SMALL-TO-MEDIUM ENTERPRISES MEASURE PERFORMANCE? Journal od Enterprise Culture, 19(1), pp. 41-60.

Tangen, S. (2003). An overview of frequently used performance measures. Work Study, 52(7), pp. 347-354.

Thimm, H., & Rasmussen, K. B. (2010). A Decision and Transparency Support Service for Moderation Management of Virtual Enterprises in Collaborative Networks. 43rd Hawaii International Conference on System Sciences (HICSS43). IEEE Press.

Vaughan, L. (2004). Exploring website features for business information. Scientometrics, 61(3), pp. 467-477.

Vaughan, L., & Wu, G. (2004). Links to commercial websites as a source of business information. Scientometrics, 60(3), pp. 487-496.

Watkins, P., & Smith, M. (2008). Website Quality and Corporate Financial Performance. Journal of Accounting, Business & Management, 15(1), pp. 71-89.

Xi, Y., Zhuang, Y., Huang, W., She, C., & Zhang, Z. (2007). THE QUALITY ASSESSMENT AND CONTENT ANALYSIS OF CORPORATE WEBSITES IN CHINA: AN EMPIRICAL STUDY. International Journal of Information Technology & Decision Making, 6(2), pp. 389-405.

Downloads

Published

2016-07-12

Issue

Section

Articles