Sourcing strategy of Belgian SMEs: empirical evidence for the accounting services

The primary objective of this paper is to examine the sourcing strategy for one business function (accounting services), by looking at the degree of outsourcing for each task of this function. Three research questions are addressed: (1) What sourcing strategy do SMEs use for accounting services? (2) What are the reasons? (3) Is there a link between sourcing strategy and company characteristics? The research design consisted of a postal survey sent out to 1200 managers of SMEs in Belgium. The main results showed that 53% use selective outsourcing, i.e. combining both an inhouse accountant with an accounting service provider. The results also showed that 35% use total insourcing and 12% prefer total outsourcing. Surprisingly, cost reduction is not the main reason for outsourcing. External expertise is the main reason for selectively outsourcing. SMEs select a total insourcing strategy because they want the accounting information at hand. Finally, larger SMEs decide for a total insourcing strategy and prefer to keep the accounting services internal. The conclusions show that future research should focus on the degree of outsourcing. The practical implication of this study is that accounting service providers should highlight their expertise and overcome the disadvantage of remote data analysis to attract more SME-customers.     

Editorial note: referees

Abstract

This study investigates three methods to handle dependency among effect size estimates in meta-analysis arising from studies reporting multiple outcome measures taken on the same sample. The three-level approach is compared with the method of robust variance estimation, and with averaging effects within studies. A simulation study is performed, and the fixed and random effect estimates of the three methods are compared with each other. Both the robust variance estimation and three-level approach result in unbiased estimates of the fixed effects, corresponding standard errors and variances. Averaging effect sizes results in overestimated standard errors when the effect sizes within studies are truly independent. Although the robust variance and three-level approach are more complicated to use, they have the advantage that they do not require an estimate of the correlation between outcomes, and they still result in unbiased parameter estimates.     

Individual and relationship capital: Implications for theory and research on families

It is proposed that the concept of human capital should include both individual and relationship capital. A conceptual model illustrating the investment of human capital in individuals, marriages, and families is presented. Indicators of individual, marital, and familial capital are proposed. Implications of the concepts of individual, marital, and familial capital for theory and research on family processes are discussed. It is suggested that family economists should employ a broader range of measures of human capital and use the concept of relationship capital and that family scientists should use the concepts of individual and relationship capital in theory and research on families. Defining human capital in this manner creates new ways of applying the human capital concept to families.This article is a revised version of a paper presented at the 17th Annual South-eastern Regional Family Economics/Home Management Conference, held at the University of Georgia-Athens, February 4–6, 1988. The authors would like to thank two anonymous reviewers for helpful comments and suggestions.His research interests include transmission of values in families, family routines, and family stress and coping. He received his Ph.D. from the University of Minnesota.Her research interests include family resource management and the relationship between conflict among family members and perception of resources. She received her Ph.D. from the University of Minnesota.     

On the efficiency index of a graph

A graph \(G\) has an efficient dominating set \(D \subseteq V(G)\) if \(D\) dominates every vertex exactly once. In this paper we introduce the study of the family \({S_k}\) of graphs for which every \(G-S\) is efficiently dominatable for \(0 \le |S|\le k\). Assuming that \(G\) is efficiently dominatable, the efficiency index is the largest value k for which \(G\) is in \(S_k\). A graph \(G\) will be called super-efficient if every induced subgraph is efficiently dominatable. We give some characterizations for trees, grids, cylinders and torii to be super-efficient.