Financial consequences of employment-change decisions in major U.S. corporations

Academy of Management Journal

Volumn 40, Issue 5, 1997, Pages 1175-1189

  Cascio, Wayne F ^a   Young, Clifford E ^a   Morris, James R ^a,b  

^a UNIVERSITY OF COLORADO   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031287510     PISSN: 00014273     EISSN: None     Source Type: Journal    
DOI: 10.2307/256931     Document Type: Article

References (14)

1. Ball, R., & Brown, P. 1968. An empirical evaluation of accounting income numbers. Journal of Accounting Research, 6: 159-178.
2. Brockner, J. 1988. The effects of work layoffs on survivors: Research, theory, and practice. In B. M. Staw & L. L. Cummings (Eds.), Research in organizational behavior, vol. 10: 213-255. Greenwich, CT: JAI Press.
3. Business Week. 1995. Riding high: Corporate America now has an edge over its global rivals. October 9: 134-146.
4. Cascio, W. F. 1993. Downsizing: What do we know? What have we learned? Academy of Management Executive, 7(1): 95-104.
5. Healy, P., Palepu, K., & Ruback, R., 1992. Does corporate performance improve after mergers? Journal of Financial Economics, 31: 135-175.
6. Kaplan, S. 1989. The effects of management buyouts on operating performance and value. Journal of Financial Economics, 24: 217-254.
7. Kirkland, R. 1997. America in the world: Still on top, with no challenger. Fortune, June 9: 86.
8. Ofek, E. 1994. Efficiency gains in unsuccessful management buyouts. Journal of Finance, 46: 637-654.
9. Roth, T. 1995. U.S. is ranked most competitive economy in world. Wall Street Journal, September 6: A2.
10. Sloan, A. 1996. The hit men. Newsweek, February 26: 44.
11. Standard & Poor's COMPUSTAT user's guide. 1995. Englewood, CO: McGraw-Hill.
12. Uchitelle, L., & Kleinfield, N. R. 1996. On the battlefield of business, millions of casualties. New York Times, March 3: 1, 14-16.
13. Watts, R. 1978. Systematic "abnormal" returns after quarterly earnings announcements. Journal of Financial Economics, 6: 127-150.
14. Worrell, D. L., Davidson, W. N., III, & Sharma, V. M. 1991. Layoff announcements and stockholder wealth. Academy of Management Journal, 34: 662-678.