An Empirical Study of Corporate Turnaround Strategies in Australia

This research examines a sample of financially distressed ASX listed firms to discover the effectiveness, intensity and timeliness of corporate turnaround strategies. It fills a theoretical gap by adopting an integrated holistic approach, linking research findings to relevant extant theory by coupli...

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Bibliographic Details
Main Author: Cheo, Roy Wee Gee
Format: Thesis
Published: Curtin University 2012
Online Access:http://hdl.handle.net/20.500.11937/52962
Description
Summary:This research examines a sample of financially distressed ASX listed firms to discover the effectiveness, intensity and timeliness of corporate turnaround strategies. It fills a theoretical gap by adopting an integrated holistic approach, linking research findings to relevant extant theory by coupling its findings w1h the resource based view of the firm and the stage perspective of performance turnaround. Reasons for the relative effectiveness of turnaround strategies are discussed together with implications for management and researchers.