The Effects of Cost and Asset Retrenchment on Firm Performance: The Overlooked Role of a Firm’s Competitive Environment

Volume: 30, Issue: 2, Pages: 189 - 208
Published: Apr 1, 2004
Abstract
When firms face declining financial performance, research suggests that cost and asset retrenchment can lead to improved performance among poorly performing firms. However, previous studies have largely focused on firms operating in mature industries. This research develops and tests arguments that cost and/or asset retrenchment strategies will have different effects on firm performance in competitive environments characterized as growing and...
Paper Details
Title
The Effects of Cost and Asset Retrenchment on Firm Performance: The Overlooked Role of a Firm’s Competitive Environment
Published Date
Apr 1, 2004
Volume
30
Issue
2
Pages
189 - 208
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