Business Failure Pathways: Environmental Stress and Organizational Response

• Main Authors: MOULTON, Wilbur N., THOMAS, Howard, PRUETT, Mark
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 1996
• 主題: Strategic Management; Industry; Market; Firms; Determinants; Munificence; Performance; Choice; Risk; Organizational Behavior and Theory; Strategic Management Policy
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/3904; https://doi.org/10.1016/S0149-2063(96)90025-2
• 機構: Singapore Management University

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...