STRATEGIC CHANGE IN THE TURNAROUND PROCE
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VINCENT L. BARKER III; IRENE M. DUHAIME
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Article
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1997
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John Wiley and Sons
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English
β 236 KB
Early corporate turnaround theorists argued that strategic reorientations are central to the recovery process at many declining firms. However, subsequent large-sample empirical studies have reported that performance turnarounds for declining firms are primarily associated with cutback actions that