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Tytuł artykułu

Global financial crises, profitability and outsourcing in industrial companies in Poland

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Języki publikacji
EN
Abstrakty
EN
The purpose of the article was to determine whether there is a relationship between the use of outsourcing and profitability in industry depending on time. The research sample consisted of 200 enterprises operating on the Polish market. The study covered the years 2000-2018. The study was divided into 2 parts. It turned out that during the financial crisis, profitability is significantly lower in the case of return on assets. During the crisis, industrial companies were on the verge of profitability and deficit. The average level of return on assets during the crisis was significantly lower than before and after the crisis. Given the return on equity and return on sales, the planned contrast turned out to be statistically insignificant. It should be noted that there is a certain limitation in the interpretation of results, because external services also consist of services that are not outsourced, e.g. banking services. In addition, there is agreement that with the increase in the use of services of external suppliers (leading to an increase in the cost of external services), the profitability of sales decreases. The study does not allow one to draw a conclusion about the existence of a relationship between the use of outsourcing in industrial companies and profitability.
Rocznik
Tom
Strony
88--101
Opis fizyczny
Bibliogr. 20 poz.
Twórcy
  • Faculty of Economics, Maria Skłodowska-Curie University, Lublin, Poland
Bibliografia
  • 1. Aalders, R. (2001). The IT Outsourcing Guide. Chichester: Wiley, 37.
  • 2. Agburu, J.I., Anza, N.C., Iyortsuun, A.S. (2017). Effect of outsourcing strategies on the performance of small and medium scale enterprises (SMEs). Journal of Global Entrepreneurship Research, DOI: 10.1186/s40497-017-0084-0.
  • 3. Bedyńska, S., Niewiarowski, J., Cypryańska, M. (2013). Analiza wariancji-integracja zagadnień. S. Bedyńska, M. Cypryańka (eds.). Warszawa: SEDNO, 227.
  • 4. Benmelech, E., Dlugosz, J. (2009). The credit rating crisis. NBER Macroeconomics Annual, 24, 161-207.
  • 5. Brunnermeier, M., Pedersen, L. (2009). Market liquidity and funding liquidity. Review of Financial Studies, 22, 2201-2238.
  • 6. Calabrese, G., Erbetta, F. (2005). Outsourcing and firm performance: Evidence from Italian automotive suppliers. International Journal of Automotive Technology and Management, 5, 4, DOI: 10.1504/IJATM.2005.008585.
  • 7. Denčić-Mihajlo, K. (2014). Profitability during the financial crisis evidence from the regulated capital market in Serbia. South-Eastern Europe Journal of Economics, 7-33.
  • 8. Dunford, R. (2000). Key challenges in the search for the effective management of knowledge in management consulting firms. Journal of Knowledge Management, 4, 4, 295-300.
  • 9. Edvardsson, I., and Teitsdóttir, U. (2015). Outsourcing and financial crisis: evidence from Icelandic service SMEs. Employee Relations, 37, 1, 30-47. DOI: 10.1108/ER-11-2013-0168.
  • 10. Görg, H., Hanley, A. (2004). Does Outsourcing Increase Profitability? Discussion Paper series. IZA DP, 1372.
  • 11. Juma’h, A., Wood, D. (2000). Outsourcing implications on companies profitability and liquidity: a sample of UK companies. Work Study, 49, 7, 265-275. DOI:10.1108/ 00438020010350220.
  • 12. Kakabadse, A., Kakabadse, N. (2003). Outsourcing best practice: transformational and transactional considerations. Journal of Corporate Transformation, 10, 1.
  • 13. Kimura, F. (2002). Subcontracting and the performance of small and medium firms in Japan. Small Business Economics, 18, 163-175.
  • 14. Lantz, I.A. (2015). Outsourcing strategies and their impact on financial performance in small manufacturing firms in Sweden. International Journal of Business and Finance Research, 9, 4.
  • 15. Lysons, K., Gillinham, M. (2003). Purchasing and Supply Chain Management. Prentice Hall, 351.
  • 16. Maziarczyk, A. (2020). Impact of outsourcing on the productivity of Polish industrial enterprises. The Małopolska School of Economics in Tarnów Research Papers Collection, 45, 1, 41-52. DOI: 10.25944/znmwse.2020.01.4152.
  • 17. Mwelu, N., Moya, M.B. (2014). Outsourcing practices and profitability levels of manufacturing firms in Uganda. European Journal of Business and Management, 6, 19.
  • 18. Niewiarowski, J. (2013), Schematy wewnątrzgrupowe. Statystyczny drogowskaz. Praktyczne wprowadzenie do wariancji. S. Bedyńska, M. Cypryańska (eds.). Warszawa: SEDNO, 107-108.
  • 19. Notoria Serwis, https://ir.notoria.pl/.
  • 20. Stanisz, A. (2007). Przystępny kurs statystyki II, Kraków: StatSoft, 41.
Uwagi
PL
Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2020).
Typ dokumentu
Bibliografia
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bwmeta1.element.baztech-fb45719f-a71e-4b23-8026-8f05a36d4352
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