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Antecedents and Consequences of Making, Buying, Or Concurrently Sourcing Human Capital Joshua S Louisiana State University LSU Digital Commons LSU Doctoral Dissertations Graduate School 2014 Finding the Right Balance: Antecedents and Consequences of Making, Buying, or Concurrently Sourcing Human Capital Joshua S. Bendickson Louisiana State University and Agricultural and Mechanical College, [email protected] Follow this and additional works at: https://digitalcommons.lsu.edu/gradschool_dissertations Part of the Business Commons Recommended Citation Bendickson, Joshua S., "Finding the Right Balance: Antecedents and Consequences of Making, Buying, or Concurrently Sourcing Human Capital" (2014). LSU Doctoral Dissertations. 484. https://digitalcommons.lsu.edu/gradschool_dissertations/484 This Dissertation is brought to you for free and open access by the Graduate School at LSU Digital Commons. It has been accepted for inclusion in LSU Doctoral Dissertations by an authorized graduate school editor of LSU Digital Commons. For more information, please [email protected]. FINDING THE RIGHT BALANCE: ANTECEDENTS AND CONSEQUENCES OF MAKING, BUYING, OR CONCURRENTLY SOURCING HUMAN CAPITAL A Dissertation Submitted to the Graduate Faculty of the Louisiana State University and Agricultural and Mechanical College in partial fulfillment of the requirements for the degree of Doctor in Philosophy in The E.J Ourso College of Business Administration William W. and Catherine M. Rucks Department of Management by Joshua S. Bendickson B.S., St. Cloud State University, 2003 M.B.A., Augsburg College, 2007 December 2014 ACKNOWLEDGEMENTS I offer great thanks to my dissertation chair, Professor Tim Chandler, for all of his advice and mentoring throughout the dissertation process. Further appreciation goes to my committee members, Professors Jean McGuire and Barclay James for their important guidance in strategic management and Professor William Black for his assistance with research methodology. In addition, I thank the Rucks Department of Management faculty and staff, my fellow doctoral students, friends, and family for their valuable support throughout my studies. ii TABLE OF CONTENTS ACKNOWLEDGEMENTS ........................................................................................................................ ii LIST OF TABLES .......................................................................................................................................v LIST OF FIGURES ................................................................................................................................... vi ABSTRACT .............................................................................................................................................. vii CHAPTER I: THE DISSERTATION TOPIC ............................................................................................1 Introduction ......................................................................................................................................1 Contribution of the Dissertation.......................................................................................................4 Definition of Key Terms ..................................................................................................................7 Summary of the Remaining Chapters ..............................................................................................8 CHAPTER II: REVIEW OF THE LITERATURE .....................................................................................9 Introduction ......................................................................................................................................9 Buyer-Supplier Relations .................................................................................................................9 Organizational Performance ..........................................................................................................16 Context: Major League Baseball (MLB) ......................................................................................20 CHAPTER III: THEORY AND HYPOTHESES ......................................................................................30 Buyer-Supplier Relations ...............................................................................................................30 Organizational Performance ..........................................................................................................40 CHAPTER IV: RESEARCH DESIGN ....................................................................................................47 Sample and Variables ....................................................................................................................47 Descriptive Statistics: Major League Baseball, 2002-2011 ...........................................................55 Methodology .................................................................................................................................64 CHAPTER V: RESULTS ..........................................................................................................................70 Study 1 ...........................................................................................................................................70 Study 2 ...........................................................................................................................................71 Control Variables ...........................................................................................................................75 CHAPTER VI: DISCUSSION AND CONCLUSION ..............................................................................77 Limitations and Future Research ...................................................................................................80 REFERENCES ..........................................................................................................................................84 APPENDIX ...............................................................................................................................................98 APPENDIX A. ANTECEDENTS OF PLAYER ACQUISITION: RESULTS FROM STUDY 1 REGRESSION ANALYSIS .....................................................................................................................98 iii APPENDIX B. ORGANIZATION ALIGNMENT OUTCOME: RESULTS FROM STUDY 2 REGRESSION ANALYSIS .....................................................................................................................99 APPENDIX C. TMGT EFFECT OUTCOME: RESULTS FROM STUDY 2 REGRESSION ANALYSIS .............................................................................................................................................100 APPENDIX D. REVENUE OUTCOME: RESULTS FROM STUDY 2 REGRESSION ANALYSIS ..................................................................................................................................................................101 APPENDIX E. AVERAGE ATTENDANCE OUTCOME: RESULTS FROM STUDY 2 REGRESSION ANALYSIS ...................................................................................................................102 VITA ........................................................................................................................................................103 iv LIST OF TABLES 1. Summary of Study Hypotheses .....................................................................................................46 2. Variables and Sources ...................................................................................................................48 3. Descriptive Statistics for Study 1 ...................................................................................................57 4. Descriptive Statistics for Study 2 ...................................................................................................58 5. Descriptive Statistics for Control Variables .................................................................................59 6. Descriptive Statistics and Correlations for Study 1 .......................................................................61 7. Descriptive Statistics and Correlations for Study 2 .......................................................................62 8. Empirical Equations ......................................................................................................................68 9. Results from Study 1 Regression Analysis ....................................................................................71 10. Results from Study 2 Regression Analysis ...................................................................................72 v LIST OF FIGURES 1. Overview of the Dissertation ...........................................................................................................6 2. The Theoretical Model Including Variables ..................................................................................52 3. Curvilinear Impact of Number Acquired on Team Wins ............................................................73 vi ABSTRACT Strategically determining organizational boundaries is one means to achieving better performance. This dissertation examines vertical integration, strategic acquisitions and concurrent sourcing to better understand the strategies used to acquire human capital and the impacts of these choices on performance outcomes. Using transaction cost economics and the organizational capabilities literatures I develop hypotheses to determine and
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