TY  - RPRT
A1  - Fritsch, Markus
A1  - Hackethal, Andreas
A1  - Wahrenburg, Mark
A1  - Wüllenweber, Kim
T1  - The impact of business process outsourcing on firm performance and the influence of governance : a long term study in the German banking industry
N2  - Does BPO pay off at the firm-level? Although there are several studies which analyze the potential benefits of BPO, there is a virtual absence of research papers on BPO outcomes. Based on an analysis of 137 Business process outsourcing (BPO) ventures at 254 German banks in a period between 1994 and 2005, we found that the outsourcer's financial performance in terms of profitability and cost efficiency was increased significantly compared to industry peers without BPO. The increase stems not from workforce reductions but rather from increased employee productivity. Further, we show how BPO governance ensures BPO success: individually negotiated outsourcing contracts help to improve cost efficiency and profitability measures. Relational governance based on trust has only positive effects on profitability. Keywords: Business Process Outsourcing, firm performance, firm characteristics, banking, German banks, governance JEL Classifications: G21, L14, L21, L24
KW  - Business Process Outsourcing
KW  - firm performance
KW  - firm characteristics
KW  - banking
KW  - German banks
KW  - governance
Y1  - 2007
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/7041
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-70289
ER  -