The adoption of downsizing during the Asian economic crisis

Mellahi, Kamel; Guermat, Cherif

Abstract

This study examines the adoption of downsizing during the Asian economic crisis. We use data from a large firm-level survey to examine and compare the adoption of downsizing by firms across sectors and across three countries - Indonesia, the Philippines and Thailand. The results show that country effects had a significant impact on the adoption of downsizing during the Asian economic crisis. Also, significant differences were found in the adoption of downsizing across different sectors of activities. The implications of the results for theory and practice are discussed.

• Journal Article Type: Article
• Publication Date: Nov 26, 2009
• Journal: Asian Business and Management
• Print ISSN: 1472-4782
• Electronic ISSN: 1476-9328
• Publisher: Palgrave Macmillan (part of Springer Nature)
• Peer Reviewed: Peer Reviewed
• Volume: 8
• Issue: 3
• Pages: 225-245
• DOI: https://doi.org/10.1057/abm.2009.10
• Keywords: downsizing, financial crisis, Asia
• Public URL: https://uwe-repository.worktribe.com/output/993381
• Publisher URL: http://dx.doi.org/10.1057/abm.2009.10