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In the present study we explore the relationship between downsizing decisions and corporate financial performance after … top management has decided to downsize. Our focus is on the financial consequences arising from the amount of downsizing … and the use of disengagement incentives. For this purpose, we use a sample of downsizing announcements in the Spanish …
Persistent link: https://www.econbiz.de/10005196571
accomplished by an in-depth study of an historical case; the downsizing process undertaken in the 1920s by the Swedish Tobacco … reducing headcount and, consequently, the diversity of downsizing processes. …
Persistent link: https://www.econbiz.de/10011258158
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both unemployment duration and the associated income loss;...
Persistent link: https://www.econbiz.de/10011931815
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both unemployment duration and the associated income loss;...
Persistent link: https://www.econbiz.de/10011916275
We investigate the impact of plant downsizing on disability pension utilization in Norway. Plant downsizing … between 1993 and 1998 were 27.9 percent more likely to utilize disability pensions in 1999 than comparable workers in non-downsizing … plants. The effect of downsizing is non-linear, with workers originally employed in plants downsizing 65-95 percent of their …
Persistent link: https://www.econbiz.de/10011968205
variable bias is addressed by employing a novel instrumental variable (IV) strategy, using plant downsizing at neighbors …
Persistent link: https://www.econbiz.de/10011968266
Using Norwegian register data we estimate how children's school performance is affected by their parents' exposure to plant closure. Fathers' exposure leads to a substantial decline in children's graduation-year grade point average, but only in municipalities with mediocre-performing job...
Persistent link: https://www.econbiz.de/10011968287
(EPL) includes restrictions on laying off workers. This paper studies whether employers use downsizing events, where the …
Persistent link: https://www.econbiz.de/10011968313
Norway. The problem of omitted variable bias is addressed using neighbors’exposure to plant downsizing events as an …
Persistent link: https://www.econbiz.de/10009305200
We investigate the impact of plant downsizing on disability pension utilization in Norway. Plant downsizing … between 1993 and 1998 were 27.9 percent more likely to utilize disability pensions in 1999 than comparable workers in non-downsizing … plants. The effect of downsizing is non-linear, with workers originally employed in plants downsizing 65-95 percent of their …
Persistent link: https://www.econbiz.de/10004980570