Effects of Autonomous Cooperation Enabling Technologies on the Growth of Share Prizes of Logistics Enterprises

Strategic decisions on the investment in autonomous cooperation-based technologies, such as RFID-tags or sensor networks, require knowledge about the returns and associated risks to be expected. Therefore, the question arises, whether or not autonomous cooperation leads to positive value and risk effects for logistics enterprises. For this purpose, an empirical study on the development of share prices of logistics companies in dependence on the use of autonomous cooperation-based technologies has been conducted. Means and variations of the adjusted growth of share prices serve as indicators for effects on value and risk of logistics companies. The publication of press reports about the usage of autonomous cooperation-based technologies serves as indicator for alterations of the degree of autonomous cooperation in a company. The results of this study show that share prices grew stronger but varied more when logistics companies published information about the use of autonomous cooperation-based technologies. This indicates positive value effects but a high risk of associated investments.