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Outsourcing and the financial performance: a sample of us companies, 2000-2009

Revista de Ciencias Económicas

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Title Outsourcing and the financial performance: a sample of us companies, 2000-2009
La tercerización y el rendimiento financiero: muestra de empresas estadounidenses, 2000-2009
 
Creator Ortiz Santos, Pedro L.
Juma'h, Ahmad H.
 
Subject PROFITABILITY
LIQUIDITY
ANNOUNCEMENTS
CONTRACTS
FINANCIAL CRISIS
COST REDUCTION
REORGANIZATION SIGNAL
RENTABILIDAD
LIQUIDEZ
ANUNCIOS
CONTRATOS
CRISIS FINANCIERA
REDUCCIÓN DE COSTO
SEÑAL DE REORGANIZACIÓN
 
Description This study evaluated the relation between outsourcing and firm's financial performance in the USA (2000-2009). To measure the effect of outsourcing on the company’s profitability, operating profit margin before interest and taxes, return on assets, and return on equity were used. To measure the effect of outsourcing on the company’s liquidity, quick ratio, total debt to total assets, and total debt to total equity were used. The study used the percentages of changes in financial parameters in the outsourcing year (t0) and subsequent year (t1), no indications of significance (α = 0.05) were found. Also, no significant (α = 0.05) results were found with respect to profitability and liquidity for companies with outsourcing announcements and those without announcements.
Este estudio evaluó la relación entre tercerización y el desempeño financiero de las empresas en Estados Unidos de Norte América (2000-2009). Con este fin, se calculó el efecto de tercerización en dos variables: la rentabilidad y la liquidez. En el primer caso se utilizó el margen operacional antes de interés e impuestos, el retorno sobre activos y el retorno sobre patrimonio; mientras que en el segundo caso, se empleó la razón rápida, la razón de deuda a total de activos y la razón de deuda a patrimonio neto. Se utilizaron los cambios porcentuales en los parámetros financieros en el año de anuncio de tercerización (t0) y el año subsiguiente (t1), los cuales resultaron no significativos (α = 0,05) para las empresas que tercerizan. También, no se encontró diferencias significativas (α = 0,05) en la rentabilidad y liquidez de las empresas con anuncios de tercerización y aquellas sin ellos.
 
Publisher Universidad de Costa Rica
 
Date 2015-12-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://revistas.ucr.ac.cr/index.php/economicas/article/view/22213
10.15517/rce.v33i2.22213
 
Source Revista de Ciencias Económicas; Ciencias Económicas: Volumen 33, Número 2; 25-37
Revista de Ciencias Económicas; Ciencias Económicas: Volumen 33, Número 2; 25-37
2215-3489
0252-9521
 
Language spa
 
Relation http://revistas.ucr.ac.cr/index.php/economicas/article/view/22213/23748
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