Read Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures

Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures

Matthew B. Krepps

4.9/5 (14897 ratings)

Description:Where does corporate fat accumulate and how is it eliminated in response to competitive forces? This study finds that increases in industry-level import competition and merger activity, as well as declines in industry-level demand, explain layoffs and plant closures by inefficient firms. Downsizing in response to these competitive threats is often undertaken in a suboptimal fashion. Managers announce layoffs in spite of their convictions that such behavior undermines productivity. Further, managers close plants that are not among the most inefficient in their industry. The authors conclude that these puzzling managerial actions, though ostensibly inefficient, are perfectly consistent with profit-maximizing behavior.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures. To get started finding Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 151

Format: PDF, EPUB & Kindle Edition

Publisher: Routledge

Release: 2014

ISBN: 1283965437

Description: Where does corporate fat accumulate and how is it eliminated in response to competitive forces? This study finds that increases in industry-level import competition and merger activity, as well as declines in industry-level demand, explain layoffs and plant closures by inefficient firms. Downsizing in response to these competitive threats is often undertaken in a suboptimal fashion. Managers announce layoffs in spite of their convictions that such behavior undermines productivity. Further, managers close plants that are not among the most inefficient in their industry. The authors conclude that these puzzling managerial actions, though ostensibly inefficient, are perfectly consistent with profit-maximizing behavior.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures. To get started finding Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures

Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures

More Books

Can tribes manage their own resources?: A study of American Indian forestry and the 638 program (Project report series / Harvard Project on American Indian Economic Development)

Can tribes manage their own resources?: A study of American Indian forestry and the 638 program (Project report series / Harvard Project on American Indian Economic Development)

Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures (Studies on Industrial Productivity: Selected Works)

Industrial Inefficiency and Downsizing: A Study of Layoffs and Plant Closures (Studies on Industrial Productivity: Selected Works)