Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/108446
Citations | ||
Scopus | Web of Science® | Altmetric |
---|---|---|
?
|
?
|
Type: | Journal article |
Title: | The decision to outsource risk management services |
Author: | Christensen, J. Kent, P. |
Citation: | Accounting and Finance, 2016; 56(4):985-1015 |
Publisher: | Wiley |
Issue Date: | 2016 |
ISSN: | 1467-629X 1467-629X |
Editor: | Smith, T. |
Statement of Responsibility: | Jacqueline Christensen and Pamela Kent |
Abstract: | We apply transaction cost economics to identify factors influencing companies’ decision to internally generate or outsource risk management services. A unique sample is used which combines publicly available data with private information supplied by 281 Austral ian listed companies. We find that expenditure on research and development, greater technological uncertainty, more competitive environments, more overseas sales and transaction frequency are associated with less outsourcing of risk management services. Uncertainty due to environmental diversity is associated with more outsourcing of risk management services. Companies that outsource risk management services also have lower staff turnover and provide more specialised training and longer contracts for risk management suppliers. |
Keywords: | risk management; transaction cost economics; outsourcing; audit |
Rights: | © 2015 AFAANZ |
DOI: | 10.1111/acfi.12119 |
Published version: | http://dx.doi.org/10.1111/acfi.12119 |
Appears in Collections: | Aurora harvest 8 Business School publications |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
RA_hdl_108446.pdf Restricted Access | Restricted Access | 177.92 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.