The text examines how companies cope with the pressures which are unleashed by recessions. It is based on a large scale survey undertaken in the spring of 1993 which involved the participation of more than 600 leading UK companies. The questionnaire data was combined with a long enough time-series of data on the financial performance of most of the companies to enable us to trace effects left over from the recession in the early 1980s. The main issues examined in the book are: what makes companies vulnerable to recessionary pressures? How do companies typically respond to these pressures? How have recessionary pressures been transmitted back into labour markets and what kinds of institutional changes have they induced? Finally, do recessionary pressures stimulate innovative activity?

This book contains original research, examining how companies cope with recessionary pressures.

Book Information
ISBN 9780521626019
Author Paul A. Geroski
Format Paperback
Page Count 216
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 320g
Dimensions(mm) 229mm * 153mm * 14mm