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Author:Greer, C. R.
Ireland, T. C.
Wingender, J. R.
Title:Contrarian human resource investments and financial performance after economic downturns
Journal:Journal of Business Research
2001 : JUN, VOL. 52:3, p. 249-261
Index terms:Human resource management
Financial performance
Recession
Business cycles
Freeterms:Downtrend
Falling market
Language:eng
Abstract:The financial performance of companies pursuing the "contrarian" human resource ) practice of countercyclical hiring was examined. A strong positive relationship was found between a lagged market measure of financial performance and executives' perceptions of the extent to which their companies pursued CCH practices.
SCIMA record nr: 222329
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