An Analysis On Outsourcing Human Resource Management Decision Based On Incomplete Contract Theory

The understandings of"outsourcing"are different among scholars both in China and abroad. There are four typical opinions about outsourcing. Although they are based on different points, in fact, they all mention that outsourcing has some relationship with product and service which are based on formal contract among enterprises. With the development of global outsourcing, human resource management outsourcing are more and more attractive to companies and are becoming a new trend in management reform.Brain classified HRM activities into all-around activities, human capital activities, transactional activities and HR recruitment activities. Theoretically speaking, all of HRM activities can be outsourced, but it's not true in practice. So it's necessary to make outsourcing decision based on particular different activities characters in order to avoid the harmful influence by blind outsourcing. So far, there are...