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Workforce reduction and firm performance

Evidence from French firm data (1994-2000)

Datos Bibliográficos

ID4771827
AutoresB Reynaud (0000-0002-6208-9907, autor de correspondencia)
Año2013
Volumen11
Número4
Páginas711-737
Fecha de publicación2013-10-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaSocio-Economic Review (JOURNAL)
Identificadores de la revistaISSN: 1475-1461 • E-ISSN: 1475-147X
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.1093/ser/mws017
OpenAlexW1602799559
IdiomaEN
Citas recibidas3
Referencias citadas21

Using a large annual data base of French firms (1994-2000), this article examines the determinants of a workforce reduction of publicly-listed and non-listed companies and their consequences on firm performance. Firstly, workforce reduction appears to be a defensive response to an adverse economic shock. However, publicly-listed firms anticipate better than the others the decision to cut jobs. Secondly, using a Difference in Differences model, the estimates indicate that there has been a very small but significant improvement in the major performance indicators of the non-listed companies. For listed-companies, the estimates are no significant

Business · Demographic economics · Economic growth · Economics · Labour economics · Reduction (mathematics · Shock (circulatory · Workforce · Labor market dynamics and wage inequality · Labor Movements and Unions · Medicine · Organizational Downsizing and Restructuring · Accounting

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    Open Access•Delphine Brochard, Corinne Perraudin•Economie et Statistique /…•2017

  • A struggle on two fronts

    J Jung•Socio-Economic Review•2015

  • Stock market reactions to downsizing announcements

    Open Access•Ann-Christine Schulz, Alexander Himme•Socio-Economic Review•2022

  • The central role of the propensity score in observational studies for causal effects

    Paul R Rosenbaum, Donald B Rubin•Biometrika•1983

  • Downsizing and productivity growth

    Open Access•Martin Neil Baily, Eric J Bartelsman et al.•Small Business Economics•1996

  • The New Capitalism and Organizational Rationality

    Art Budros•Social Forces•1997

Obras citantes distintas3
Citas por año0,27
Intervalo de citas2015 - 2022 (8)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 3
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