The impact of information systems on organizations and markets
Communications of the ACM
Systems development risks in strategic information systems
Information and Software Technology - Information and software economics
Determinants of information technology outsourcing: a cross-sectional analysis
Journal of Management Information Systems
Electronic markets and electronic hierarchies
Communications of the ACM
Dual sourcing in repeated procurement competitions
Management Science
Transformation of the IT function at British Petroleum
MIS Quarterly
The role of trust in outsourced IS development projects
Communications of the ACM
ICIS '00 Proceedings of the twenty first international conference on Information systems
Information Systems Outsourcing; Myths, Metaphors, and Realities
Information Systems Outsourcing; Myths, Metaphors, and Realities
Information Systems Research
The Impact of E-Commerce Announcements on the Market Value of Firms
Information Systems Research
Assessing the Risk of IT Outsourcing
HICSS '98 Proceedings of the Thirty-First Annual Hawaii International Conference on System Sciences-Volume 6 - Volume 6
An Exploration of the Application Service Provision Outsourcing Option
HICSS '01 Proceedings of the 34th Annual Hawaii International Conference on System Sciences ( HICSS-34)-Volume 8 - Volume 8
Analyzing IT Outsourcing Relationships as Alliances among Multiple Clients and Vendors
HICSS '99 Proceedings of the Thirty-second Annual Hawaii International Conference on System Sciences-Volume 7 - Volume 7
A relationship perspective on IT outsourcing
Communications of the ACM - Mobile computing opportunities and challenges
Financial services business process outsourcing
Communications of the ACM - New architectures for financial services
A transaction cost model of IT outsourcing
Information and Management
Journal of Management Information Systems
Information systems outsourcing: a study of pre-event firm characteristics
Journal of Management Information Systems
The effect of service quality and partnership on the outsourcing of information systems functions
Journal of Management Information Systems
Toward an assessment of software development risk
Journal of Management Information Systems - Special section: Strategic and competitive information systems
Effects of Web Traffic Announcements on Firm Value
International Journal of Electronic Commerce
Journal of Management Information Systems
A review of the IT outsourcing literature: Insights for practice
The Journal of Strategic Information Systems
The strategic value of IT insourcing: An IT-enabled business process perspective
The Journal of Strategic Information Systems
Does IT outsourcing deliver economic value to firms?
The Journal of Strategic Information Systems
HCITOCH'10 Proceedings of the First international conference on Human-computer interaction, tourism and cultural heritage
Influence of Industry Characteristics on Information Technology Outsourcing
Journal of Management Information Systems
Impact of information systems outsourcing: a study of Indian banking sector
International Journal of Business Information Systems
Research Note---Using Real Options to Investigate the Market Value of Virtual World Businesses
Information Systems Research
Impact of Vendor Selection on Firms' IT Outsourcing: The Korea Experience
Journal of Global Information Management
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Despite the fact that several event studies have investigated the market's reaction to information technology (IT) investment announcements, little is known about how specific transactional risks influence the market value of a firm. This study examines stock market data to assess investors' responses to various transactional risks associated with IT outsourcing. More specifically, we develop and test several hypotheses to understand how transactional risks that arise due to a range of factors (i.e., the size of outsourcing contracts, difficulties in performance monitoring, asset specificity of IT resources, vendor capability, and the lack of cultural similarity between client and vendor firms) influence investors' reactions to IT outsourcing announcements. Our results indicate that most of these factors indeed significantly influence investors' perceptions of the risks involved in IT outsourcing. We discuss these findings in a larger organizational context and offer implications for both research and practice. In particular, our study offers a theoretical rationale for why negative reactions to IT outsourcing announcements may occur, while providing practitioners with several means by which they can increase the informational value of outsourcing arrangements.