E-HRM Usage and Value Creation. Does a Facilitating Context Matter?**

Electronic Human Resource Management (e-HRM) is assumed to be a driving force behind HRM value creation. However, the issue remains of whether empirical evi-dence supports this assumption. Moreover, is the relationship straightforward and di-rect or is it conditional, and do contextual factors intervene? This paper presents a study on this issue. Data was collected through a survey conducted in three interna-tional firms using e-HRM applications. The findings suggest that e-HRM usage in line with the system’s intended purpose and the contextual factors facilitating e-HRM us-age are positively related to HRM value creation. Facilitating contextual factors are positively related to HRM value creation as well, but they also moderate the relation-ship between e-HRM usage and HRM value creation. However, this moderation is the opposite to what was hypothesized: if the facilitating contextual factors are high, then the relationship between e-HRM usage and HRM value creation is weaker. This find-ing needs further investigation to clarify the intervening role of contextual factors. Wertschöpfung durch elektronisches Personalmanagement. Was bewirken unterstützende Kontextfaktoren