Heavy is the crown: CEOs’ social interactions and layoff decisions

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2024-03-05 DOI:10.1093/icc/dtae009

Andrea Bassanini, Eve Caroli, Kevin Geay, Antoine Reberioux

引用次数: 0

Abstract

We develop a theory of non-monetary costs incurred by chief executive officers (CEOs) when deciding about layoffs and test its predictions on French data. Our results support the idea that, being embedded in their social environment, CEOs find it more difficult to fire employees closer to their own workplace. This effect is stronger whenever social interactions are less anonymous in the CEOs’ local environment. It is weaker when CEOs live further away from where they work, because of limited exposure to local discontent.

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皇冠是沉重的：首席执行官的社交互动与裁员决策

我们提出了首席执行官（CEO）在决定裁员时产生的非货币成本理论，并通过法国的数据对其预测进行了检验。我们的研究结果支持这样一种观点，即由于首席执行官身处社会环境之中，他们发现解雇离自己工作地点较近的员工更为困难。如果首席执行官在当地环境中的社会交往不那么匿名，这种效应就会更强。如果首席执行官的居住地离工作地点较远，则这种影响会减弱，因为他们对当地不满情绪的接触有限。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.