Outsourcing or restructuring: The dynamic choice

被引:20
作者
Antelo, Manel [1 ]
Bru, Lluis [2 ]
机构
[1] Univ Santiago de Compostela, Dept Fundamentos Anal Econ, Santiago De Compostela 15782, Spain
[2] Univ Illes Balears, Dept Econ Empresa, Palma de Mallorca 07122, Spain
关键词
Restructuring in-house production; Outsourcing; Asymmetric information; Real option; REAL OPTIONS; FLEXIBILITY; INTEGRATION; COSTS;
D O I
10.1016/j.ijpe.2009.07.004
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This paper examines the role of outsourcing when a firm attempts to establish its true level of production costs in an uncertain context. Outsourcing may provide additional information to the firm about the efficiency of its organizational structure. The information flow that outsourcing gives to the firm creates a real option by delaying the final decision relating to its definitive organizational mode, so that temporarily outsourcing and then resuming operations may be the optimal management decision for the firm. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:1 / 7
页数:7
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