Downsizing Announcements, Job Security Perceptions, and Worksite Performance

Friebel, Guido; Heinz, Matthias; Weller, Ingo; Zubanov, Nick

Downsizing Announcements, Job Security Perceptions, and Worksite Performance

Dateien

Zu diesem Dokument gibt es keine Dateien.

Datum

2021

Autor:innen

Friebel, Guido

Heinz, Matthias

Weller, Ingo

Zubanov, Nick

DOI (zitierfähiger Link)

https://doi.org/10.1108/S0147-912120210000049007

Sammlungen

Wirtschaftswissenschaften

Publikationstyp

Beitrag zu einem Sammelband

Publikationsstatus

Published

Erschienen in

POLACHEK, Solomon W., ed., Konstantinos TATSIRAMOS, ed., Giovanni RUSSO, ed. and others. Workplace Productivity and Management Practices. Bingley: Emerald Publishing Limited, 2021, pp. 179-205. Research in Labor Economics. 49. ISBN 978-1-80117-675-0. Available under: doi: 10.1108/S0147-912120210000049007

Zusammenfassung

Using data from a retail chain of 193 bakery shops that underwent downsizing, we study the effects of two types of downsizing announcements – closure or sale to another operator – on sales in the affected shops, and how these effects are moderated by job security perceptions. On average, sales in the affected shops go down by 26% after a closure announcement and by 7% after a sale announcement. Sales decline more sharply in shops where employees had higher job security perceptions before the announcement. Our findings are consistent with psychological contract theory: a breach of an implicit contract promising job security in exchange for work effort results in a reciprocal effort withdrawal. We rule out several alternative explanations to our findings.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

downsizing announcements; performance; job security; psychological contract

Zitieren

ISO 690

FRIEBEL, Guido, Matthias HEINZ, Ingo WELLER, Nick ZUBANOV, 2021. Downsizing Announcements, Job Security Perceptions, and Worksite Performance. In: POLACHEK, Solomon W., ed., Konstantinos TATSIRAMOS, ed., Giovanni RUSSO, ed. and others. Workplace Productivity and Management Practices. Bingley: Emerald Publishing Limited, 2021, pp. 179-205. Research in Labor Economics. 49. ISBN 978-1-80117-675-0. Available under: doi: 10.1108/S0147-912120210000049007

BibTex

@incollection{Friebel2021Downs-55644,
  year={2021},
  doi={10.1108/S0147-912120210000049007},
  title={Downsizing Announcements, Job Security Perceptions, and Worksite Performance},
  number={49},
  isbn={978-1-80117-675-0},
  publisher={Emerald Publishing Limited},
  address={Bingley},
  series={Research in Labor Economics},
  booktitle={Workplace Productivity and Management Practices},
  pages={179--205},
  editor={Polachek, Solomon W. and Tatsiramos, Konstantinos and Russo, Giovanni},
  author={Friebel, Guido and Heinz, Matthias and Weller, Ingo and Zubanov, Nick}
}

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Universitätsbibliographie

Ja