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Author:Morrow Jr., J.L.
Johnson, R.A.
Busenitz, L.W.
Title:The effects of cost and asset retrenchment on firm performance: the overlooked role of a firm's competitive environment
Journal:Journal of Management
2004 : VOL. 30:2, p. 189-208
Index terms:Assets
Business environment
Company performance
Competitiveness
Costs
Language:eng
Abstract:When companies face declining financial performance, research suggests that cost and asset retrenchment can lead to improved performance among poorly performing companies. This research develops and tests arguments that cost and/or asset retrenchment strategies will have different effects on company performance in competitive environments characterized as growing and declining.
SCIMA record nr: 254554
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