RETRENCHMENT - CAUSE OF TURNAROUND OR CONSEQUENCE OF DECLINE

被引：114

作者：

BARKER, VL

MONE, MA

机构：

[1] School of Business Administration, University of Wisconsin-Milwaukee, Milwaukee, Wisconsin

[2] School of Business Administration, University of Wisconsin-Milwaukee, Milwaukee, Wisconsin

来源：

STRATEGIC MANAGEMENT JOURNAL | 1994年 / 15卷 / 05期

关键词：

TURNAROUND; RETRENCHMENT; DECLINE; DOWNSIZING; REPLICATION RESEARCH;

D O I：

10.1002/smj.4250150506

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In a recent investigation of the turnaround attempts of 32 U.S. textile firms, Robbins and Pearce (1992) concluded that retrenchment is an integral component of successful recovery from decline. In this note we critique, replicate and provide an alternative explanation for their findings using data from the same sample of firms attempting turnarounds. Based on our analyses, we find that little evidence exists to support the assertion that retrenchment is integral to turnaround We conclude by offering several recommendations for turnaround researchers.

引用

页码：395 / 405

页数：11

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[2]

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[3]

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[4]

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