Firm Growth, Industry Growth and Business Failure
Conference Proceeding Article
Four business failure pathways based on firm and industry growth are described and studied: market deterioration, market maladaptation, fight for market share, and loss of control. Firms with growing sales increased assets and debt and declined more rapidly than firms with declining sales. Firm effects dominated industry effects.
Business and Corporate Communications | Strategic Management Policy
Strategy and Organisation
Academy of Management Proceedings
Academy of Management Journal
Thomas, Howard and Moulton, W..
Firm Growth, Industry Growth and Business Failure. (1988). Academy of Management Proceedings. 27-31. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/3843