Publikation: Downsizing Announcements, Job Security Perceptions, and Worksite Performance
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2021
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POLACHEK, Solomon W., Hrsg., Konstantinos TATSIRAMOS, Hrsg., Giovanni RUSSO, Hrsg. und andere. Workplace Productivity and Management Practices. Bingley: Emerald Publishing Limited, 2021, S. 179-205. Research in Labor Economics. 49. ISBN 978-1-80117-675-0. Verfügbar unter: 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.
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330 Wirtschaft
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downsizing announcements; performance; job security; psychological contract
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FRIEBEL, Guido, Matthias HEINZ, Ingo WELLER, Nick ZUBANOV, 2021. Downsizing Announcements, Job Security Perceptions, and Worksite Performance. In: POLACHEK, Solomon W., Hrsg., Konstantinos TATSIRAMOS, Hrsg., Giovanni RUSSO, Hrsg. und andere. Workplace Productivity and Management Practices. Bingley: Emerald Publishing Limited, 2021, S. 179-205. Research in Labor Economics. 49. ISBN 978-1-80117-675-0. Verfügbar unter: doi: 10.1108/S0147-912120210000049007BibTex
@incollection{Friebel2021Downs-55644,
title={Downsizing Announcements, Job Security Perceptions, and Worksite Performance},
year={2021},
doi={10.1108/S0147-912120210000049007},
number={49},
isbn={978-1-80117-675-0},
address={Bingley},
publisher={Emerald Publishing Limited},
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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