EconPapers    
Economics at your fingertips  
 

Organizational justice, key point in economic crisis management, a comparative study: can Romanian problems be solved by foreign solutions?

Cruceru Raluca ()
Additional contact information
Cruceru Raluca: Academia de Studii Economice Bucuresti

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 932-936

Abstract: A recent Romanian study shows that two out of three employees with higher education are affected by the measures recently taken by the companies they work as a result of recession. Eliminating bonuses, restructuring processes and even lower wages are relatively common phenomena encountered lately in organizations in Romania. Employees are affected indirectly by reductions and development budgets of the organizations they work for. Concern for the future is even greater. Thus, 3 of 4 employees with higher education are expected to cost reduction actions that affect them directly or indirectly. In an attempt to cut costs, rather expect top managers restructuring processes, while employees without managerial positions believe that the restructuring will take place near elimination of bonuses and wage loss. How can workplace justice can ease the pain? This article is attempiting to give an answer to this complex question.

Keywords: economic crisis management; organizational justice; romanian problems (search for similar items in EconPapers)
JEL-codes: F59 M54 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumatemai2010.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:932-936

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().

 
Page updated 2025-03-19
Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:932-936