Downsizing and Profitability: An Empirical Study of Portuguese Firms in 1993¡V2005
Although firms may resort to downsizing strategies to improve financial performance, the actual outcome of downsizing is inconclusive. Testing a sample of 1,357 Portuguese firms, we conclude that firms that downsize tend to continue to underperform compared to those that do not downsize.
Volume (Year): 10 (2011)
Issue (Month): 1 (April)
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- Kristien Coucke & Enrico Pennings & Leo Sleuwaegen, 2007. "Employee layoff under different modes of restructuring: exit, downsizing or relocation," Industrial and Corporate Change, Oxford University Press, vol. 16(2), pages 161-182, April.
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