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Author:Sudarsanam, S.
Lai, J.
Title:Corporate financial distress and turnaround strategies: an empirical analysis
Journal:British Journal of Management
2001 : SEP, VOL. 12:3, p. 183-199
Index terms:BANKRUPTCY
CORPORATE RESTRUCTURING
STRATEGY
UNITED KINGDOM
Freeterms:TURNAROUND
Language:eng
Abstract:The authors set out to test the effectiveness of strategies to effect corporate recovery and identify the underlying factors of effectiveness - the impact of timing, intensity and implementation of strategies on corporate recovery. They examine a sample of 166 potentially bankrupt UK firms drawn from 1985 to 1993 and track their turnaround strategies for a period of three years from distress.
SCIMA record nr: 228984
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