171 research outputs found
Outsourcing with debt financing
This paper investigates the effect of capital structure on a firm’s choice between vertical integration and outsourcing. We model the production decision in a Principal-Agent framework and show that suppliers use debt as a strategic instrument to collect the surplus from outsourcing as their wealth constraint or limited liability ensures them more attractive compensation schemes. Investigating the buyer’s capital structure, we find that outsourcing with risky debt is more likely to occur for high values of the outsourcing surplus.info:eu-repo/semantics/publishedVersio
IT Outsourcing in Finnish Business
This paper reviews the characteristics and magnitude of information technology (IT) outsourcing as well as studies its labor productivity effects with a representative sample of Finnish businesses. Depending on the IT task in question, on average from one-third to two-thirds of IT has been outsourced; of the ten categories considered, the development of non-Internet business-to-business applications (e.g., EDI) is the leading activity in this respect. The various dimensions of IT outsourcing are all highly positively correlated. After controlling for industry and regional effects as well as characteristics of firms and their employees, it is found that an externally-supported computer user is about 20% more productive than an otherwise similar worker without a computer, which corresponds to about 5% output elasticity of outsourced IT; the effect of internally-supported computer use is not statistically significantly different for zero, and it is also several times smaller in magnitude. While the issues of causality, timing, self-selection, and unobserved firm heterogeneity are not fully addressed, the findings nevertheless suggest that IT outsourcing may have significant economic consequences
Do public nursing home care providers deliver higher quality than private providers? Evidence from Sweden
Outsourcing and structural change: shifting firm and sectoral boundaries
The paper aims at investigating the structural change implications of
outsourcing. In trying to bridge the organizational/industrial and the
sectoral/structural analysis of outsourcing, it discusses the rational and
the methodological pros and cons of a “battery” of outsourcing measurements
for structural change analysis. Their functioning is then illustrated
through a concise application of them to the OECD area over the ’80s and
the early ’90s. A combined used of them emerges as recommendable in
checking for the role of outsourcing with respect to that of other structural
change determinants
The deindustrialisation/tertiarisation hypothesis reconsidered: a subsystem application to the OECD7
The diffusion of outsourcing, both national and international, and
vertical FDIs among manufacturing firms, along with the higher integra-
tion of business services in manufacturing, has recently led to question
the empirical evidence supporting the Deindustrialisation/Tertiarisation
(DT) hypothesis. Rather than a \real" phenomenon, it has been argued,
DT would be an \apparent" one, mainly due to the reorganization of
production across national and sectoral boundaries.
The empirical studies that have dealt with the topic so far have
not been able to effectively rule out such possibility, because of two
main limitations: the sectoral level of the analysis and/or the national
focus. In order to overcome them, the paper carries out an appreciative
investigation of the actual extent of the DT occurred in the OECD
area over the '80s and the '90s by moving from a sector to a subsystem
perspective, thus retaining both direct and indirect relations, and by
referring to a \pseudo-World" of 7 OECD countries, thus taking into
account the \global" dimension of the phenomenon.
The results strongly support the DT hypothesis: although the weight
of business sector services in the manufacturing subsystem increased,
acting as a counterbalancing tendency to the manufacturing decline,
subsystem shares significantly decreased, thus confirming DT as a more
fundamental trend of modern economies
Partnership and Capacity Building of Local Governance
Partnership is about sharing of power, responsibility and achievements. According to the World Bank Public Private Partnership (PPP) promoting group, ―partnership refer to informal and shortterm engagements of non-governmental organizations, the private sector and/or government agencies that join forces for a shared objective; to more formal, but still short-term private sector engagements for the provision of specific services, for example, annual outsourcing arrangements for janitorial services for a school or operations of the school cafeteria; to more complex contractual arrangements, such as build, operate, transfer regimes, where the private sector takes on considerable risk and remains engaged long term; or to full privatizations‖ (World Bank Group 2014, 29).© Springer Nature Switzerland AG 2020. This is a post-peer-review, pre-copyedit version of an article published in Partnerships for the Goals. Encyclopedia of the UN Sustainable Development Goals. The final authenticated version is available online at: http://dx.doi.org/10.1007/978-3-319-71067-9_21-1.fi=vertaisarvioitu|en=peerReviewed
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