In late June, three Graduate Business professors from Saint Mary's College were honored with the prestigious Best Paper Award at the Global Business and Social Science Research Conference inBeijing, China. Visiting Professor Willington Onuh, Finance Professor Tina Xiaotian Zhang and Operations Professor Yung-Jae Lee collaborated on the award-winning research paper titled "Domestic and Offshore Outsourcing, and Labor Productivity: Evidence from Firms Located in the Philippine Economic Zone in Cavite, Philippines."
Whereas most of the research to date on the topic of outsourcing focuses on large firms from developed countries, Onuh, Zhang and Lee's study examines the impact that offshore and domestic outsourcing have on labor productivity in emerging markets and small firms. The results are intriguing. Centering their focus on the Philippine Economic Zone in Cavite, Philippines, Onuh, Zhang and Lee determine that offshore outsourcing has a positive and significant impact on labor productivity for small Philippine firms in this area. What's more, Filipino-owned firms deter productivity when they engage in domestic outsourcing, mirroring the results of foreign-owned firms engaging in domestic outsourcing.
Onuh, Zhang and Lee's findings can be applied even further and should serve to inform local policy makers whose preference for domestic outsourcing as a strategy for local economic development is, in actuality, impeding labor productivity in emerging regions like Cavite.
Onuh, Zhang and Lee's research is one of many faculty collaborations at the Saint Mary's College of California School of Economics and Business Administration.
About the Saint Mary's College Graduate Business Programs:
Founded in 1863, Saint Mary's College of California is a cornerstone institution of the San Francisco bay area. After nearly 150 years, with a network of more than 40,000 alumni worldwide, Saint Mary's tradition of educational excellence is stronger than ever. Saint Mary's Graduate Business Programs are grounded in this same rich history and tradition of excellence. With a focus on global perspective and responsible business, all of our five distinct graduate business degree programs are designed for working professionals who seek the knowledge and skills needed to accelerate their careers. The degree programs include Professional MBA, Executive MBA, Hybrid Executive MBA, Trans-Global Executive MBA, and the Master of Science in Financial Analysis & Investment Management. Small class sizes facilitate collaboration, accessibility, and engaging discussions with our distinguished faculty, and an interactive learning environment focused on practical business knowledge, serves to provide our students with the maximum return on their investment.