The integration of acquired or merging firms is a key driver of the success or failure of
mergers and acquisitions (M&As). Over the last 30 years, a substantial body of research has …

The topic of corporate distress and turnaround has been of interest to organizational change
theory for many decades. This article considers existing reviews in discussing the current …

The COVID-19 outbreak has challenged the global tourism economy. It has particularly
threatened the survival of tourism firms in developing countries especially those with the …

The post-acquisition integration phase is widely recognized as critical to the M&A process.
However post-acquisition typologies suffer from inadequate empirical support or lack of …

When firms face declining financial performance, research suggests that cost and asset
retrenchment can lead to improved performance among poorly performing firms. However …

Corporate turnaround research has described retrenchment and recovery as contradictory
forces that should be addressed separately. While a few scholars have argued that …

Studies suggest that firms navigating an economic shock can adapt and improve
performance by targeting perceived growth opportunities. A puzzle, however, is that an …

Investigations into management actions that reverse organizational decline have produced
inconsistent findings. Prior studies have focused on the value of retrenchment actions versus …

abstract Research on turnaround has largely focused on the impact of retrenchment and
repositioning, and has paid less attention to the impact of changes in the task environment …

Both business commentators and scholarly researchers have acknowledged the key role
that top management teams (TMTs) play in reversing the fortunes of failing firms …