Munoz-Bullon, Fernando; Sanchez-Bueno, Maria Jose - Departamento de Economía de la Empresa, Universidad … - 2008
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 …