AN EMPIRICAL STUDY OF CORPORATE STAGNATION AND TURNAROUND.
- 1 August 1975
- journal article
- Published by Academy of Management in Academy of Management Proceedings
- Vol. 1975 (1) , 49-51
- https://doi.org/10.5465/ambpp.1975.4980679
Abstract
Why are some firms able to break-out of stagnating or declining performance patterns? This study, only partially reported here, attempts answers to this question by using a matched-pair sample to compare firms in similar environmental conditions, but who differ in performance outcomes: one firm turns around, while another fails to do so. The study builds on work already done in the area on corporate turnaround strategies, [1] The turnaround firms of the prior study have been matched to similar firms who have continued to stagnate or decline in performance results.Keywords
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