search query: @author Arogyaswamy, K. / total: 1
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| Author: | Arogyaswamy, K. Bakker, V. L. Yasai-Ardekani, M. |
| Title: | Firm turnarounds: an integrative two-stage model (Krisenmanagement) |
| Journal: | Journal of Management Studies
1995 : JUL, VOL. 32:4, p. 493-525 |
| Index terms: | |
| Freeterms: | UNTERNEHMENSSTRATEGIE |
| Language: | eng |
| Abstract: | This paper presents a model proposing that turnaround firms exhibit two classes of response to decline: decline stemming strategies that reverse the dysfunctional consequences of decline, and recovery strategies that position the firm to better compete in its industry. The authors propose that effective top management actions supporting both of these strategies are vital to recovering from decline. Their model of the turnaround process questions some existing assumptions about turnarounds and extends theory in several key areas. |
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