Asian economic crisis : retrenchment and companies' financial performance

Our research sets out to examine whether a change in the number of employees is a significant factor in determining the financial performance of Asian companies during the Asian Economic Crisis. Our findings indicate that changes in the number of employees have insignificant influence on the compan...

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Bibliographic Details
Main Authors: Ngiang, Sandly Sian Li, Seah, Serina May Chen, Wan, Wei Shuen
Other Authors: Shahidur Rahman
Format: Final Year Project (FYP)
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/10151
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author Ngiang, Sandly Sian Li
Seah, Serina May Chen
Wan, Wei Shuen
author2 Shahidur Rahman
author_facet Shahidur Rahman
Ngiang, Sandly Sian Li
Seah, Serina May Chen
Wan, Wei Shuen
author_sort Ngiang, Sandly Sian Li
collection NTU
description Our research sets out to examine whether a change in the number of employees is a significant factor in determining the financial performance of Asian companies during the Asian Economic Crisis. Our findings indicate that changes in the number of employees have insignificant influence on the companies' financial performance. Since reducing the number of employees may not necessarily lead to higher profits, management should seriously consider all the organisational costs of retrenchment before they contemplate retrenchment.
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institution Nanyang Technological University
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spelling ntu-10356/101512023-05-19T07:23:12Z Asian economic crisis : retrenchment and companies' financial performance Ngiang, Sandly Sian Li Seah, Serina May Chen Wan, Wei Shuen Shahidur Rahman Nanyang Business School DRNTU::Business Our research sets out to examine whether a change in the number of employees is a significant factor in determining the financial performance of Asian companies during the Asian Economic Crisis. Our findings indicate that changes in the number of employees have insignificant influence on the companies' financial performance. Since reducing the number of employees may not necessarily lead to higher profits, management should seriously consider all the organisational costs of retrenchment before they contemplate retrenchment. 2008-09-24T07:40:36Z 2008-09-24T07:40:36Z 2000 2000 Final Year Project (FYP) http://hdl.handle.net/10356/10151 Nanyang Technological University application/pdf
spellingShingle DRNTU::Business
Ngiang, Sandly Sian Li
Seah, Serina May Chen
Wan, Wei Shuen
Asian economic crisis : retrenchment and companies' financial performance
title Asian economic crisis : retrenchment and companies' financial performance
title_full Asian economic crisis : retrenchment and companies' financial performance
title_fullStr Asian economic crisis : retrenchment and companies' financial performance
title_full_unstemmed Asian economic crisis : retrenchment and companies' financial performance
title_short Asian economic crisis : retrenchment and companies' financial performance
title_sort asian economic crisis retrenchment and companies financial performance
topic DRNTU::Business
url http://hdl.handle.net/10356/10151
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