Keywords
LIQUIDEZ
ANUNCIOS
CONTRATOS
CRISIS FINANCIERA
REDUCCIÓN DE COSTO
SEÑAL DE REORGANIZACIÓN
PROFITABILITY
LIQUIDITY
ANNOUNCEMENTS
CONTRACTS
FINANCIAL CRISIS
COST REDUCTION
REORGANIZATION SIGNAL
How to Cite
Abstract
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.
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