The Effect Of A Firm's Financial Condition On The Market Reaction To Company Layoffs
Abstract
Prior research has presented two conflicting hypotheses regarding the effect of a firm's null condition on the market reaction to announcements of company layoffs. null null The financial null hypothesis states that the market reaction to layoffs for financially weak firms will be more null n egative null null than for financially healthy firms, because the layoff announcement reveals and/or confirms the problems that led to the layoff. null...
Paper Details
Title
The Effect Of A Firm's Financial Condition On The Market Reaction To Company Layoffs
Published Date
Feb 2, 2011
Volume
16
Issue
4
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