The Effect of Global Outsourcing of Companies on Their Financial Performance with an Emphasis on the Mediating role of Innovation and the Moderating Role of Supplier Relational Capital

With the increase in the level of competition and the need for greater flexibility in production, companies have tended to collaborate with other companies and outsource activities in order to increase their market share and gain higher profitability. However, the extent of the impact of this outsourcing on the financial performance of companies is not known and this impact can be affected by mediating and moderating variables. The purpose of this study is to investigate the influence of companies' financial performance on their global outsourcing along with the role of innovation orientation and their relational capital with other companies. This research is practical in terms of purpose, and in terms of research method, it is in the field of correlational descriptive studies. The statistical population of this study is the manufacturing companies in Eshtehard Karaj Industrial Town, including (576) companies, which were selected using the Morgan sampling method and the random selection method, a sample size of 236 people. Data analysis was also done with structural equation approach and using P.L.S software. The findings showed that global outsourcing has a significant positive effect on the financial performance of companies, especially with the mediating role of innovation. Meanwhile, the more the company's communication capital with supplier companies, the greater the impact of outsourcing on innovation and, in turn, innovation on the financial performance of companies.