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Title:Essays in Empirical Labor Economics
Author(s):Billger, Sherrilyn Marie
Doctoral Committee Chair(s):Kevin F. Hallock
Department / Program:Economics
Degree Granting Institution:University of Illinois at Urbana-Champaign
Subject(s):Economics, Labor
Abstract:The third essay (coauthored by Kevin F. Hallock) investigates the relationship between job loss announcements and top-management changes in U.S. firms using detailed data on each published job loss announcement in a broad set of large firms from 1970 to 1995. We begin by confirming the results of previous authors concerning the relationship between relative firm performance and management turnover. Next we consider the effect of job loss announcements on CEO turnover and find a surprising yet robust result; job loss announcements two years in the past are strongly related to top-management changes. We go on to investigate whether this relationship has changed over time, as well as several possible explanations for this finding, including a change in the mix of reasons for job loss announcements and changes in management entrenchment.
Issue Date:2000
Description:148 p.
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2000.
Other Identifier(s):(MiAaPQ)AAI9971030
Date Available in IDEALS:2015-09-25
Date Deposited:2000

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