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    • Competitive and Contagion Effects in Corporate Layoff Announcements 

      Bhabra, G.S.; Bhabra, H.S.; Boyle, G.W. (University of Canterbury. Department of Economics and Finance, 2011)
      We find strong evidence of intra-industry information transmission to employee layoff announcements. Although the stock price response for the full sample of industry rivals is weakly positive and consistent with a net ...