Effects of the Qms ISO 9000 Certification on Russian Manufacturing Companies

Veronika Vynaryk and Aoife Hanley

HSE Working papers from National Research University Higher School of Economics

Abstract: Here is an analysis of the effect of the ISO 9000 certification on the economical results of Russian companies through the use of the propensity score matching (PSM) method, a method which had proven itself reliable at dealing with the selection problems that were highly likely to arise in this research. Informational dataset is built on the basis of a sample of the Industrial companies competitiveness monitoring project, conducted in 2009 by the Institute for Industrial and Market Studies at HSE. The empirical study methodology is given: hypothesis, informational dataset and model of effects evaluation. The main finding of the paper is that holding the ISO 9001 certificate by a Russian manufacturing company stimulates its profitability and reduces costs, but does not lead to sales and asset turnover rises

Keywords: quality management system; ISO 9000 certification effect; manufacturing companies (search for similar items in EconPapers)
JEL-codes: C31 L15 P23 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2015
New Economics Papers: this item is included in nep-cis and nep-tra
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Published in WP BRP Series: Management / MAN, May 2015, pages 1-21

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