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Journals / Ankara Üniversitesi SBF Dergisi / 2006 / Cilt: 61 - Sayı: 2

Organizational Downsizing from Economics Perspective

Ekonomik Bakış Açısından Örgütsel Küçülme

Halil Bader ARSLAN
Pages
17–31
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Both its macro-economical and social consequences are worth studying further.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This paper examines the economic consequences of downsizing.
📊
Key Findings & Data:A wide range of literature, which encompasses share price reactions, and operational performances reveales that these two indicators are closely related with downsizing, how it is managed and how the market interprets downsizing.
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Conclusion & Impact:Both its macro-economical and social consequences are worth studying further.
🔬Design:Survey & Empirical Study
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This paper examines the economic consequences of downsizing. A literature review provides a widespread perspective to the effects of downsizing on both micro and macro scales. A wide range of literature, which encompasses share price reactions, and operational performances reveales that these two indicators are closely related with downsizing, how it is managed and how the market interprets downsizing. Although various surveys differ in results, they signify a decline in share prices and operational performance following downsizing. On the macro level, unemployment caused by layoffs in the process of downsizing has been investigated. Evidence shows that unemployment rate and layoffs depict a parallel tendency. Both its macro-economical and social consequences are worth studying further.

Özet

Bu çalışmanın amacı 1970'li yıllarda başlayıp, artan bir eğilimle günümüzde devam eden örgütsel küçülme uygulamalarının ekonomik etkilerini incelemektir. Literatür incelemesi yoluyla gerçekleştirilen çalışma, küçülmelerin ekonomik etkilerini mikro ve makro bazda, iki ana başlık etrafında incelemektedir. Mikro bazda, küçülen işletmelerin faaliyet performanslanndaki ve hisse senedi fiyatlarındaki değişimi inceleyen çalışmalar incelenmiştir. Faaliyet performansı ve hisse senedi fiyatındaki değişim, küçülmenin nedeni, nasıl yürütüldüğü ve piyasanın bunları nasıl algıladığı ile ilişkilidir. Araştırmalar farklı sonuçlar ortaya koymakla birlikte, genellikle gerek hisse fiyatı, gerek faaliyet performansında düşüş görüldüğüne işaret etmektedir. Makro bazda ise küçülmelerin işsizlik üzerinde yarattığı etkiler incelenmiştir. îşten çıkarmaların arttığı yıllarda işsizlik oranı da artmaktadır. Bu sonuç gerek makro ekonomik politikalar ile ilişkisi, gerek neden olduğu sosyal etkiler açısından incelemeye değerdir.

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Cite This Article

ARSLAN, H. B. (2022). Organizational Downsizing from Economics Perspective. Ankara Üniversitesi SBF Dergisi, Cilt: 61 - Sayı: 2, 17–31. https://ajindex.com/articles/443226

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