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Author: | Richardson, B. Nwankwo, S. Richadson, S. |
Title: | Understanding the causes of business failure crises: generic failure types: boiled frogs, drowned frogs, bullfrogs and tadpoles |
Journal: | Management Decision
1994 : VOL. 32:4, p. 9-22 |
Index terms: | CRISES ORGANIZATIONAL CHANGE BUSINESS FAILURES |
Language: | eng |
Abstract: | The present paper addresses the issue of business failure. It identifies different types of business failure and provides a framework for further research into this aspect of strategic management. It draws from the management literature to describe the causes and processes of each of the failure contexts covered and also provides case illustrations to contextualize them. The subjects of business failure, crises, and organizational change are discussed. |
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