THE IMPACT OF DOWNSIZING ON THE BANKRUPTCY OF RUSSIAN COMPANIES
E. A. Fedorova () and
V. S. Strelkov ()
Strategic decisions and risk management, 2019
Links between staff reductions and the companyâ€™s bankruptcyare identified. The empirical base of research included 650 companies (150 bankrupts) in the manufacturing industry and 1,500 companies (410 bankrupts) in the construction industry. The logit model was implemented in the center of a research methodology. According to the research it was revealed that the reduction of staff by 3%, 5%, 7% and 10% leads to the companyâ€™s bankruptcy. Moreover, the meaningful factor of bankruptcy is the change in financial, physical and intangible resources used by company to reverse negative consequences of the stuff reduction.
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:abw:journl:y:2019:id:836
Access Statistics for this article
More articles in Strategic decisions and risk management from Real Economy Publishing House
Bibliographic data for series maintained by ÐžÐžÐž Ð˜Ð·Ð´Ð°Ñ‚ÐµÐ»ÑŒÑ ÐºÐ¸Ð¹ Ð´Ð¾Ð¼ Â«Ð ÐµÐ°Ð»ÑŒÐ½Ð°Ñ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸ÐºÐ°Â» ().