Furman, Jeffrey L.; McGahan, Anita M. - In: Managerial and Decision Economics 23 (2002) 4-5, pp. 283-300
For many years, business turnarounds have captured the attention of scholars and fascinated executives. Yet despite their centrality as a business phenomenon, little is known about the prevalence or trajectory of turnarounds. This paper provides evidence on a broad cross-section of publicly...