Date of Award
1996
Document Type
Dissertation
Degree Name
Doctor of Philosophy (PhD)
Department
Management (Business Administration)
First Advisor
Arthur G. Bedeian
Abstract
Despite accumulating evidence, unresolved issues remain as to how the components of strategy, top-management characteristics, and environment, as independent variables, combine to affect a firm's success or failure in turning around declining performance. To address such issues, this dissertation developed and tested a series of hypotheses that investigates the effects of strategy, top-management characteristics, and environment on performance. Findings show that turnaround strategy alone is insufficient to explain differences in performance among firms. They also provide some support for the importance of TMG-strategy interaction and show a limited role for the environment in a firm's turnaround. Additionally, the findings show some limited support for the importance of all three factors taken in tandem. Methodological issues related to classifying turnaround strategies and measuring performance are also addressed.
Recommended Citation
Lohrke, Franz Theodore, "The Performance Effects of Strategy, Top-Management Characteristics, and Environment: An Integrative Study of Firm Decline and Turnaround." (1996). LSU Historical Dissertations and Theses. 6261.
https://repository.lsu.edu/gradschool_disstheses/6261
ISBN
9780591133639
Pages
190
DOI
10.31390/gradschool_disstheses.6261