CEO regulatory focus and environmental resource scarcity on employee downsizing
Sana (Shih‐chi) Chiu,
Dejun Tony Kong,
Nikhil Celly
Abstract:PurposeThis study aims to address the question of why managers make different decisions in employee downsizing when their firms face external threats. Our research intends to shed light on whether and how CEOs' cognition (motivational attributes associated with regulatory focus) influences their decision-making and firms’ strategic actions on downsizing under high resource scarcity in the industry environment.Design/methodology/approachWe used a longitudinal panel of 5,544 firm-year observations of US firms fr… Show more
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