Vol.5, No 1, 2008 pp. 51 - 62
UDC 005.32
THE IMPACT OF DOWNSIZING ON THE CORPORATE REPUTATION
Biljana Djordjević, Suzana Djukić
Faculty of Economics, University of Niš, Serbia

This paper deals with the downsizing influences on the corporate reputation. In this paper we stress the importance of the corporate reputation as one of the most important firm's intangible assets. This kind of resources could be a significant source of the firm's competitive advantage. After the presentation of a brief review of downsizing literature, we investigate the downsizing influence on the corporate reputation. More precisely, we investigate how downsizing influences the eight dimensions that determine corporate reputation index. Our discussion is based mainly on the findings of a number of referent studies that investigate downsizing outcomes. Since we have found that there is a great possibility for downsizing to be an unsuccessful firm's strategy and therefore to decrease the corporate reputation, it is important before making the decision about downsizing to reconsider the necessity of such a decision.
Key Words: downsizing, corporate reputation, corporate reputation index, employee

UTICAJ DOWNSIZING - A NA KORPORATIVNU REPUTACIJU
U radu se razmatra uticaj downsizing-a na korporativnu reputaciju. Ukazano je na važnost korporativne reputacije kao jednog od najvažnijijeg dela neopipljive imovine preduzeća. Ova vrsta imovine može biti značajan izvor konkurentske prednosti preduzeća. Nakon prezentiranja literature o downsizing-u, autori istražuju uticaj downsinzing-a na korporativnu reputaciju. Preciznije, istražuje se uticaj downsinzing-a na šest dimenzija koje determinišu indeks korporativne reputacije. Naše razmatranje je najvećim delom zasnovano na brojnim referentnim studijama koje istražuju rezultate downsinzing-a. Zaključile smo da je veća verovatnoća da je downsinzing može biti neuspešna strategija preduzeća i da smanjuje korporativnu reputaciju veća. Zbog toga je važno da se pre donošenja odluke o downsinzing-u razmotri njena neophodnost.
Ključne reči:  downsizing, korporativna reputacija, indeks korporativne reputacije, employee