The effect of layoffs on firm reputation

被引:142
作者
Flanagan, DJ [1 ]
O'Shaughnessy, KC [1 ]
机构
[1] Western Michigan Univ, Haworth Coll Business, Kalamazoo, MI 49008 USA
关键词
corporate reputation; layoffs; attribution; performance;
D O I
10.1177/0149206304272186
中图分类号
F [经济];
学科分类号
02 ;
摘要
A firm's reputation is perhaps one of its most important strategic resources. Using data from Fortune's America's Most Admired Companies survey, this article examines how layoffs affect the reputations of firms. The authors found that layoffs have a negative impact on a firm's reputation and that this relationship is significantly stronger for newer firms than older firms. Limited support is found for the hypothesis that larger firms' reputations will be buffered front the adverse effects of a layoff on their reputations. Implications of this research and future research questions are discussed.
引用
收藏
页码:445 / 463
页数:19
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