Downsizing and profitability: an empirical study of portuguese firms between 1993-2005

Marques, Tânia; González, Isabel Suaréz; Cruz, Pedro; Ferreira, Manuel Portugal

http://hdl.handle.net/10400.8/6166

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Authors

Marques, Tânia

González, Isabel Suaréz

Cruz, Pedro

Ferreira, Manuel Portugal

Abstract(s)

Although firms may resort to downsizing strategies to improve financial performance, the actual outcome of downsizing is inconclusive. Testing a sample of 1,357 Portuguese firms, we conclude that firms that downsize tend to continue to underperform compared to those that do not downsize.

Keywords

Downsizing effects Downsizing performance Financial performance Portugal JEL classification: G34

URI

http://hdl.handle.net/10400.8/6166

Citation

Marques, T., González, I. S., Cruz, P. & Ferreira, M. P. (2011). Downsizing and profitability: an empirical study of portuguese firms between 1993-2005. International Journal of Business and Economics, 10(1), 13-26.