The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies
碩士 === 國立東華大學 === 國際企業學系 === 100 === The purpose of this study is to delineate the relationship between characteristics of firms facing deteriorating performance and turnaround strategies these declining firms will adopt. From the perspectives of RBV (resource-based view of the firms), we use severa...
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ndltd-TW-100NDHU53210272018-05-02T16:20:00Z http://ndltd.ncl.edu.tw/handle/2h6w2e The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies 衰退公司的廠商特徵與首次反轉策略之研究 Ya-Chu Yang 楊雅竹 碩士 國立東華大學 國際企業學系 100 The purpose of this study is to delineate the relationship between characteristics of firms facing deteriorating performance and turnaround strategies these declining firms will adopt. From the perspectives of RBV (resource-based view of the firms), we use several indicators to show a firm’s characteristics including a firm’s slack as the proxy of the firm’s resource it can employ. The data set was collected from the TEJ (Taiwan Economic Journal Financial Databank), and the samples are firms in all industry in Taiwan expect financial industry covering the period from 1996 to 2010. The results indicate that during the first-time turnaround, (1) large-scale and old firms, which represent the richer resource, are likely to take retrenchment in operating turnaround; (2) firms with greater performance in the decline period or with more slacks will re-allocate resource to re-focus markets, products and/or businesses; and (3) firms, which were with poor performance in the decline period, will seek external resource to gain support for a turnaround. Chin-Jung Luan 欒錦榮 2012 學位論文 ; thesis 80 |
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碩士 === 國立東華大學 === 國際企業學系 === 100 === The purpose of this study is to delineate the relationship between characteristics of firms facing deteriorating performance and turnaround strategies these declining firms will adopt. From the perspectives of RBV (resource-based view of the firms), we use several indicators to show a firm’s characteristics including a firm’s slack as the proxy of the firm’s resource it can employ. The data set was collected from the TEJ (Taiwan Economic Journal Financial Databank), and the samples are firms in all industry in Taiwan expect financial industry covering the period from 1996 to 2010. The results indicate that during the first-time turnaround, (1) large-scale and old firms, which represent the richer resource, are likely to take retrenchment in operating turnaround; (2) firms with greater performance in the decline period or with more slacks will re-allocate resource to re-focus markets, products and/or businesses; and (3) firms, which were with poor performance in the decline period, will seek external resource to gain support for a turnaround.
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author2 |
Chin-Jung Luan |
author_facet |
Chin-Jung Luan Ya-Chu Yang 楊雅竹 |
author |
Ya-Chu Yang 楊雅竹 |
spellingShingle |
Ya-Chu Yang 楊雅竹 The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
author_sort |
Ya-Chu Yang |
title |
The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
title_short |
The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
title_full |
The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
title_fullStr |
The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
title_full_unstemmed |
The Study on the Relationships between Declining Firms' Characteristics and the First-time Turnaround Strategies |
title_sort |
study on the relationships between declining firms' characteristics and the first-time turnaround strategies |
publishDate |
2012 |
url |
http://ndltd.ncl.edu.tw/handle/2h6w2e |
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