Theoretical Perspectives on the Outsourcing of Information Systems

1995 ◽  
Vol 10 (4) ◽  
pp. 209-219 ◽  
Author(s):  
Myun J. Cheon ◽  
Varun Grover ◽  
James T.C. Teng

Critics have argued that the field of information systems (IS) lacks a coherent theoretical framework. This paper attempts to further the theoretical development of a critical and pervasive contemporary phenomenon, outsourcing of IS functions, by synthesizing four theoretical models (resource-based theory, resource-dependence theory, transaction cost theory and agency theory) that are useful for understanding determinants of a firm's outsourcing strategy. From these theoretical models, a contingency model of outsourcing is developed which can be used to direct empirical research.

Author(s):  
Beste Altınçubuk

Although there have been various studies exploring the effects of capabilities on firms' performances, it is not clear whether particular capabilities would create more competitive advantage for firms under recessionary periods compared to expansionary periods. The main focus in this chapter is to examine the impacts of technological, governance, and political capabilities on firms' performances under recessionary and expansionary periods. The aim of this chapter is to explore these effects by drawing upon resource-based theory, transaction cost theory, and resource dependence theory.


2017 ◽  
Vol 59 (4) ◽  
pp. 317-324 ◽  
Author(s):  
Jie Wang ◽  
Ming-Hsiang Chen ◽  
Chin-Yi Fang ◽  
Li Tian

Due to the fast growing hotel industry in Taiwan, recent hospitality studies has paid attention to how various factors affect the Taiwanese hotel performance and offered interesting and valuable findings. To expand the financial literature of the Taiwanese hotel industry and the hospitality literature as a whole, this article is the first hospitality study to investigate how board size affects firm performance of publicly traded hotels in Taiwan. Panel regression test results reveal an interesting finding. Specifically, there is an inverted U-shaped relationship between board size and hotel performance in terms of return on assets, return on equity, and Tobin’s Q with an optimal value of board size equal to 10. This indicates that while board size up to 10 has a positive impact on hotel performance (supporting the resource dependence theory), board size can deteriorate hotel performance when it is larger than 10 (supporting the agency theory).


2019 ◽  
Vol 9 (4) ◽  
pp. 491-501 ◽  
Author(s):  
Alvaro Cuervo‐Cazurra ◽  
Ram Mudambi ◽  
Torben Pedersen

Author(s):  
Nguyen Thu Thuy Tien

Recent reviews of research on company boards and firm performance relationship tend to criticise three of the main traditional theories on boards, namely Agency Theory (AT), Resource Dependence Theory (RDT), and Managerial Power Theory (MPT) for their narrow assumptions and focuses on a limited range of board tasks. This study provides a critical review on these above theories and promotes a direction towards an integrated approach with three important governance factors, namely board capability, board incentives, and CEO power for a better understanding of board-firm performance relationship.


2021 ◽  
Vol 8 (Special Issue) ◽  
pp. 423-443
Author(s):  
Razali Haron ◽  
Nur Ermiedza Radzali ◽  
Naji Mansour Nomran

This study examines the impact of Shariah Board (SB) characteristics on the financial and social performance of Islamic banks (IBs) from the perspectives of Agency Theory (AT), Stewardship Theory (ST) and the Resource Dependence Theory (RDT). To meet its objective, GMM is employed on a panel data of 15 IBs in Malaysia from 2010 to 2018 covering the pre and post implementation of IFSA 2013 with three performance measurements; ROA and ROE (financial performance) and Zakat over Equity (social performance). SB education, SB reputation, and SB expertise are positively related to IBs performance; while SB remuneration and SB cross membership are negatively related to performance. SB size is found to be insignificant. The study therefore concludes SB is relevant to the performance of IBs. The study also discusses the response of SB at the central bank (SAC-BNM) via its new ruling on financing restructuring in alleviating the hardship of IBs’ customers during the pandemic crisis.


Author(s):  
Kai Reimers ◽  
Robert B. Johnston ◽  
Stefan Klein

Observing that existing models of inter-organisational information systems (IOIS) have not been developed to explain IOIS variance, in this paper the authors develop three criteria a new theoretical framework should meet: 1) It should support identification of and distinction between essential properties of IOIS; 2) it should explain the resilience of IOIS, that is, why (properties of) IOIS persist in the face of environmental change; and 3) it should offer a way of describing IOIS on organisational and collective levels, that is, the level of various types of collectives of organisations, such as networks, associations or industries. This paper then assesses four theories commonly used in IOIS studies (Transaction Cost Theory, Resource Dependence Theory, Neo-Institutionalism, and Structuration Theory) in view of these three criteria. Based on this discussion, the authors develop a new framework for studying IOIS variance which views IOIS as constellations of aligned practices.


1992 ◽  
Vol 18 (2) ◽  
pp. 295-320 ◽  
Author(s):  
Patrick M. Wright ◽  
Gary C. McMahan

Critics have argued that the field of human resource management (HRM) lacks a coherent theoreticalframework. This article attempts to further the theoretical development of SHRM through discussing six theoretical models (behavioral perspective, cybernetic models, agencyltransaction cost theory, resource-based view of the firm, power/resource dependence models, and institutional theory) that are usefulfor understanding both strategic and non-strategic determinants of HR practices. Finally, the implications of a stronger theoretical approach to SHRM research and practice are discussed.


2008 ◽  
Vol 5 (4) ◽  
pp. 164-172
Author(s):  
Krishna Udayasankar

In this paper I distinguish between the justificatory and explanatory roles of theory, and propose that the justificatory role played in the literature thus far by agency theory is subject to limitations. I therefore argue for the use of resource-dependence theory as the epistemological basis of the corporate governance domain knowledge system, and present an alternate model of corporate governance. Potential contributions of this alternate model are discussed


2021 ◽  
Vol 46 (3) ◽  
pp. 185-196
Author(s):  
Jintong Tang ◽  
Zhi Tang

This research extends bribery research toward entrepreneurial theory and practice by examining how bribery impacts new venture disbanding in China. Existing research suggests that bribery may enhance firms’ competitive advantage; however, building off of resource-based view and taking into consideration the institutional context in China, the current study proposes that firm bribery activity hurts new ventures by increasing the hazard of venture disbanding. Further, guided by resource dependence theory, this study examines how local economic development and organizing activity moderate the relation between bribery and disbanding. In particular, it is proposed that when local economic development is suffering, or when firms are not engaging in appropriate organizing activities, bribery will lead to higher chance of new venture disbanding. Data from Chinese entrepreneurs support these hypotheses.


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