Relative Performance Deterioration, Management and Strategic Change in Rail-based Holding Companies.
- 1 August 1979
- journal article
- Published by Academy of Management in Academy of Management Proceedings
- Vol. 1979 (1) , 108-112
- https://doi.org/10.5465/ambpp.1979.4975907
Abstract
This paper examines the change processes brought about by deteriorating performances in rail based holding companies. Changes in the president, boards of directors, and strategies were associated with deteriorating economic performance. In a control group of firms without deteriorating performance, no changes of the same nature were observed.Keywords
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