The Impact of Outsourcing on Firm Value:New Insights

摘要

Introduction Outsourcing as a way to improve firm performance has grown steadily over the past several decades. Recent survey evidence indicates that 82% of large and medium-sized firms in Asia, Europe, and North America use outsourcing to accomplish all or part of at least one activity (Gottfredson, Puryear, and Phillips, 2005). Moreover, the business press regularly reports that firms send more types and greater proportions of work formerly performed internally to outside providers. Reflecting upon this trend, Burkholder opines that, "In today's globalized economy, it is impossible not to outsource" (2006).