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Does downsizing improve organizational performance? An analysis of Spanish manufacturing firms

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dc.affiliation.dptoUC3M. Departamento de Economía de la Empresaes
dc.contributor.authorMuñoz-Bullón, Fernando
dc.contributor.authorSánchez-Bueno, María José
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economía de la Empresa
dc.date.accessioned2008-06-19T07:15:58Z
dc.date.available2008-06-19T07:15:58Z
dc.date.issued2008-06
dc.description.abstractThe objective of this study is to examine the effect of downsizing on corporate performance, considering a sample of manufacturing firms drawn from the Spanish Survey of Business Strategies during the 1993- 2005 period. No significant differences in post-downsizing performance arise between companies which downsize and those that do not. Likewise, we find that substantial workforce reductions through collective dismissals do not either lead to improved performance levels. Downsizing, therefore, may not be a way for managers to increase performance, particularly in a context like the Spanish one, where the labour market is characterized by a high protection of employees’ rights and substantial contract termination costs.
dc.format.mimetypeapplication/pdf
dc.identifier.repecwb083007
dc.identifier.urihttps://hdl.handle.net/10016/2720
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working papers. Business Economics
dc.relation.ispartofseries08-07
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEmpresa
dc.subject.jelJ21
dc.subject.jelJ65
dc.subject.otherDownsizing
dc.subject.otherCorporate performance
dc.subject.otherSpanish labour market
dc.titleDoes downsizing improve organizational performance? An analysis of Spanish manufacturing firms
dc.typeworking paper*
dspace.entity.typePublication
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