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Turnaround and corporate decline: Review and recommendations for future research

Eduardo Curto Rodríguez and Romina García Chas

Revista Galega de Economía, 2021, vol. 30, issue 2, 1-14

Abstract: This work conducts a review of research in the field of refloating and business decline from the mid-1970s to the present day. Based on the work of Pierce and Robbins (1993) and Trahms, Ndofor and Sirmon (2013), the main findings made by the previous research are presented along with the fundamental shortcomings in this field. In addition, progress following the review of Trahms et al. (2013) is also shown along with a future perspective for research in this area.

Keywords: Business refloating; Business decline; Business crisis. (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2021
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