Using organizational control theory and a related model of firm level outsourcing capabilities, we analyze the effects of buyer, contract, and vendor characteristics on abnormal stock returns among buyer firms that have announced large scale Information Technology (IT) and Business Process...

We analyze the effect of buyer, contract, and vendor characteristics on abnormal stock returns among firms that have announced large scale Information Technology (IT) and Business Process outsourcing (BPO) contracts.We draw upon a comprehensive dataset on outsourcing announcements, augmented...

While information systems outsourcing has been on the rise in recent years, empirical evidence about whether IS outsourcing is value creating for shareholders is limited. Little is known about what factors influence the relation between information systems outsourcing and firm value. This study...

Recognizing the need to bridge the gap between the outsourcing and the IT capability literature, this study provides a framework for approaching outsourcing decisions from an IT-capable firm's perspective. The paper lays the foundation for a micro-economic framework for contrasting the...