Abstract
Stock markets have reacted favorably to firms who announced their implementation of E-business projects for commercial exploitation. Those that outsourced E-business projects in order to achieve swift execution also achieved abnormal positive returns. Contrary to expectations, outsourcing E-business projects with high task complexity also led to positive results. We analyzed the process and found that these three factors explained more than 20% of the variance in abnormal returns. The results were obtained from an event study of 96 E-business-related announcements, including those made by firms in the S&P500 index during 1999-2002. This paper contains information that should therefore help firms identify E-business projects for outsourcing.
| Original language | English |
|---|---|
| Pages (from-to) | 861-873 |
| Number of pages | 13 |
| Journal | Information and Management |
| Volume | 43 |
| Issue number | 7 |
| DOIs | |
| State | Published - Oct 2006 |
Keywords
- Content analysis methodology
- E-business projects
- E-commerce projects
- Event study methodology
- IT capabilities
- IT outsourcing
- Project execution swiftness
- Project task complexity
- Software risk management
- Sourcing strategic intent
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