McKnight, Phillip; Lowrie, Anthony; Coles, Chris - In: Journal of Management and Governance 6 (2002) 1, pp. 83-100
This study examined the effect of layoffannouncements on shareholder wealth. Second, itfurther discusses the social implications oflayoffs and the extent to which investorreactions towards layoffs may have changed overtime. Details of layoff announcements for UKlisted companies were gathered for...