search query: @author Stavrou, E. / total: 3
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| Author: | Stavrou, E. Kassinis, G. Filotheou, A. |
| Title: | Downsizing and stakeholder orientation among the Fortune 500: does family ownership matter? |
| Journal: | Journal of Business Ethics
2007 : MAY I, VOL. 72:2, p. 149-162 |
| Index terms: | family firms stakeholders |
| Freeterms: | downsizing performance |
| Language: | eng |
| Abstract: | This paper investigate the relationship between downsizing and family ownership status among Fortune 500 firms. It is suggestes that family firms downsize less than non-family firms, irrespective of performance, since their relationship with employees is based on normative commitments rather than financial performance alone. It is shown that family businesses do downsize less irrespective of financial performance considerations. Nevertheless, their actions are not related to their employee- or community-friendly practices. |
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