Does the social and human capital of retrenched bankers matter in their reemployment?
Does the social and human capital of retrenched bankers matter in their reemployment?

Summary/Abstract: While studies on retrenchment in the developed world has been on the ascendency, that of information in many developing countries in recent times and the strategies employed towards reemployment have not been documented. The authors consider how the social and human capital theories aid the retrenchee from the banking industry to be reemployed. The study focuses on how the retrenchment process causes a retrenchee in a developing country to adopt a particular reemployment strategy. Findings suggest that the retrenchment process causes retrenchees to increase their human and social capital aimed at reemployment or creating an opportunity for self-employment.

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