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- W2043367501 abstract "The objective of the study reported in this paper was to examine the role of deep cuts in capital expenditures as a firm's strategy for becoming more efficient and, in turn, more competitive. Based on an empirical study, support is provided for the argument that deep cuts in capital expenditures may be a viable strategy for realigning corporate priorities toward a more efficient operation. The measure of performance utilized in this paper is the stock market reaction to announced deep cuts." @default.
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- W2043367501 date "1993-01-01" @default.
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- W2043367501 title "The market reaction to announced deep cuts in capital expenditures" @default.
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- W2043367501 doi "https://doi.org/10.1002/mde.4090140102" @default.
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