Business Failure Pathways: Environmental Stress and Organizational Response

This paper compares the failure of 73 firms that declared bankruptcy from 1980 to 1986 with the behavior of 73 matching firms that had not failed over the same period. We contrast the relative importance of environmental stress, measured by industry growth/decline, with organizational response, meas...

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Bibliographic Details
Main Authors: MOULTON, Wilbur N., THOMAS, Howard, PRUETT, Mark
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1996
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3904
https://doi.org/10.1016/S0149-2063(96)90025-2
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Institution: Singapore Management University
Language: English