Corporate restructuring, performance and competitiveness: an empirical examination
ISSN: 1059-5422
Article publication date: 1 March 2005
Issue publication date: 1 March 2005
Abstract
This study investigates the effects of corporate restructuring – scale and scope, on the financial performance and long‐term competitiveness during the 1980s in a data set of 107 manufacturing firms. Hypotheses were tested using Ordinary‐leastsquare (OLS) Regression model. Overall, this study found that: (1) corporate restructuring scope is inversely associated with firms’ performance, as expected; (2) the effects of restructuring scope on changes in competitiveness offer partial support for our hypotheses; (3) there was no support for the hypothesized relationships between restructuring scale and performance, and between restructuring scale and changes in competitiveness. Implications for future research in corporate restructuring are discussed.
Keywords
Citation
Liao, J. (2005), "Corporate restructuring, performance and competitiveness: an empirical examination", Competitiveness Review, Vol. 15 No. 1, pp. 33-48. https://doi.org/10.1108/cr.2005.15.1.33
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited