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.
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Mellahi, K., Guermat, C. The adoption of downsizing during the Asian economic crisis. Asian Bus Manage 8, 225–245 (2009). https://doi.org/10.1057/abm.2009.10
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DOI: https://doi.org/10.1057/abm.2009.10