Who downsizes for longer? A longitudinal analysis

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dc.contributor.author Muñoz-Bullón, Fernando
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Economía de la Empresa
dc.date.accessioned 2008-06-18T12:43:55Z
dc.date.available 2008-06-18T12:43:55Z
dc.date.issued 2008-06
dc.identifier.uri http://hdl.handle.net/10016/2718
dc.description.abstract This contribution investigates why firms keep on downsizing once they have started to do so. From a theoretical standpoint, we develop economic and institutional explanations for explaining corporate downsizing duration. The empirical work is carried out applying event history techniques to a sample of manufacturing firms drawn from the Spanish Survey on Business Strategies from 1994 to 2005. Although results show support for persistence in downsizing over time, repeated personnel reductions is not a widespread tool in managing the workforce in this country. In addition, we find certain key corporate parameters such as profitability, temporality rate, size and employment termination costs (as well as market demand trends) to be important determinants of the continuation of on-going downsizing experiences. This is the first study on this issue using corporate-level data for Spain and multivariate methods.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working papers. Business Economics
dc.relation.ispartofseries 08-05
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Downsizing duration
dc.subject.other Spain
dc.subject.other Organizational learning
dc.subject.other Manufacturing firms
dc.subject.other Temporary contracts
dc.subject.other Employment termination costs
dc.title Who downsizes for longer? A longitudinal analysis
dc.type workingPaper
dc.subject.jel M54
dc.subject.jel J65
dc.subject.jel J21
dc.subject.eciencia Empresa
dc.rights.accessRights openAccess
dc.identifier.repec wb082805
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