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The impact of work force reduction on subsequent performance in major mergers and acquisitions: an exploratory study

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  • Krishnan, Hema A.
  • Park, Daewoo

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  • Krishnan, Hema A. & Park, Daewoo, 2002. "The impact of work force reduction on subsequent performance in major mergers and acquisitions: an exploratory study," Journal of Business Research, Elsevier, vol. 55(4), pages 285-292, April.
    • Handle: RePEc:eee:jbrese:v:55:y:2002:i:4:p:285-292
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    References listed on IDEAS

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    1. James P. Walsh, 1988. "Top management turnover following mergers and acquisitions," Strategic Management Journal, Wiley Blackwell, vol. 9(2), pages 173-183, March.
    2. James P. Walsh, 1989. "Doing a deal: Merger and acquisition negotiations and their impact upon target company top management turnover," Strategic Management Journal, Wiley Blackwell, vol. 10(4), pages 307-322, July.
    3. Peggy M. Lee, 1997. "A comparative analysis of layoff announcements and stock price reactions in the United States and Japan," Strategic Management Journal, Wiley Blackwell, vol. 18(11), pages 879-894, December.
    4. Michael C. Jensen, 1991. "Corporate Control And The Politics Of Finance," Journal of Applied Corporate Finance, Morgan Stanley, vol. 4(2), pages 13-34, June.
    5. ANITA M. McGAHAN & MICHAEL E. PORTER, 1997. "How Much Does Industry Matter, Really?," Strategic Management Journal, Wiley Blackwell, vol. 18(S1), pages 15-30, July.
    6. Sarah J. Freeman & Kim S. Cameron, 1993. "Organizational Downsizing: A Convergence and Reorientation Framework," Organization Science, INFORMS, vol. 4(1), pages 10-29, February.
    7. Dalton, Dan R. & Kesner, Idalene F., 1986. "The "Windfall account" of employee turnover extended: Implications for two- tiered salary structures," Journal of Business Research, Elsevier, vol. 14(3), pages 269-278, June.
    8. Friedrich Trautwein, 1990. "Merger motives and merger prescriptions," Strategic Management Journal, Wiley Blackwell, vol. 11(4), pages 283-295, May.
    9. Hallock, Kevin F, 1998. "Layoffs, Top Executive Pay, and Firm Performance," American Economic Review, American Economic Association, vol. 88(4), pages 711-723, September.
    10. Idalene F. Kesner & Dan R. Dalton, 1994. "Top Management Turnover And Ceo Succession: An Investigation Of The Effects Of Turnover On Performance," Journal of Management Studies, Wiley Blackwell, vol. 31(5), pages 701-713, September.
    11. Sayan Chatterjee & Birger Wernerfelt, 1991. "The link between resources and type of diversification: Theory and evidence," Strategic Management Journal, Wiley Blackwell, vol. 12(1), pages 33-48, January.
    12. Healy, Paul M. & Palepu, Krishna G. & Ruback, Richard S., 1992. "Does corporate performance improve after mergers?," Journal of Financial Economics, Elsevier, vol. 31(2), pages 135-175, April.
    13. Richard P. Rumelt, 1991. "How much does industry matter?," Strategic Management Journal, Wiley Blackwell, vol. 12(3), pages 167-185, March.
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    Cited by:

    1. Ravi Kashyap, 2019. "Michael Milken: The Junk Dealer," Papers 1910.13882, arXiv.org.
    2. Malikov, Kamran & Demirbag, Mehmet & Kuvandikov, Azimjon & Manson, Stuart, 2021. "Workforce reductions and post-merger operating performance: The role of corporate governance," Journal of Business Research, Elsevier, vol. 122(C), pages 109-120.
    3. Abhishek Borah & Gerard J. Tellis, 2014. "Make, Buy, or Ally? Choice of and Payoff from Announcements of Alternate Strategies for Innovations," Marketing Science, INFORMS, vol. 33(1), pages 114-133, January.

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