The Influence of Financialization in Information Technology (IT) Management: Evidences from the Outsourcing Decision-Making Process in Brazilian Companies

In flnancialization times, the management of several companies that have equities in the "hands" of their shareholders underwent deep changes. Companies that were formerly managed seeking their products market, started to use financial indicators to measure the increase in the company's value for their shareholders. Some authors argue that these changes altered not only the management of the companies, but also the managers' role. In this scenario, this article tries to evaluate the impact of financialization in the Information Technology (IT) management. By using the outsourcing decision-making process of IT functions as an analysis unit, this paper uses a survey as a method of data collection to verify whether Brazilian companies that have shares in the stock market take their outsource decisions of IT functions differently from those that do not have shares in the stock market. Hence, to verify if the financialization has influence on the IT management, six decision aspects will be analyzed: strategic subjects; costs; risks; contracts and administration of suppliers; benchmarking and; new management forms.