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Keywords: Shareholders
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Journal Articles
Journal:
International Journal of Manpower
International Journal of Manpower (2004) 25 (8): 729–740.
Published: 01 December 2004
...Steven E. Abraham The effect of layoff announcements on the shareholder returns of 154 firms that announced layoffs in 1993‐1994 was examined with event study methodology. As expected, the returns to these firms were negative. Further, the returns to the firms that announced layoffs for “reactive...
