Abstract

This study reports findings from a survey of international security executives of major corporations which examined the effects of corporate re-engineering (downsizing) on corporate loss prevention initiatives, loss prevention budgets, attitudes of employees regarding loss prevention guidelines and downsizing, actual incidence of criminal losses to corporations, and general morale of corporate employees. Findings suggest that downsizing is a common practice within the sample of corporations and that some of the perceived effects of downsizing on crime prevention budgets and initiatives by corporate security executives are negative.

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