Corporate Downsizing to Rebuild Team Spirit

Preprint OPEN
Antonio Cabrales; Antoni Calvó-Armengol;
(2003)

We propose a new theory for downsizing, based on strategic reasons, rather than technological ones. A crisis may lead to a decrease in the willingness to cooperate in an organization, and therefore to a bad equilibrium. A consensual downsizing episode may signal credibl... View more
  • References (30)
    30 references, page 1 of 3

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