| Autor: |
Goesaert, Tim, Heinz, Matthias, Vanormelingeny, Stijn |
| Předmět: |
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| Zdroj: |
Industrial & Corporate Change; Dec2015, Vol. 24 Issue 6, p1443-1472, 30p, 12 Charts, 1 Graph |
| Abstrakt: |
This article uses a unique data set to study the short-term effects of downsizing on operational and financial performance of large German firms. In general, productivity and profitability after downsizing are--at the best--comparable to their pre-downsizing levels. During the downsizing event, the performance even drops. Moreover, we make a distinction between firms downsizing because of a business downturn and firms downsizing to increase efficiency. Especially downsizing for the latter firms appears to be unsuccessful. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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