Corporate strategy and shareholder value during decline and turnaround

• Main Authors: Furrer, O., Pandian, J.R., Thomas, Howard
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2007
• Subjects: Corporate strategy; Shareholder value analysis; Turnarounds; Business
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/3944
• Institution: Singapore Management University

Purpose – The paper aims to assess the impact of corporate strategy on shareholder value in decline and turnaround situations. Design/methodology/approach – A sample of 45 turnaround firms was selected and matched against a control sample which did not face continuous decline over the time period st...