In the 20 years since the last review on organizational decline and turnaround, the scope of
turnaround research has expanded dramatically; however, research on this phenomenon …

This paper presents a review of the romance of leadership and the social construction of
leadership theory 25years after it was originally introduced. We trace the development of this …

In this commentary, we examine both the positive and negative potential impact of the
COVID-19 pandemic on the growth of small-and medium-sized enterprises (SMEs). We …

Purpose The coronavirus pandemic (COVID-19) and the associated economic lockdown
provided a jolt to businesses around the world and the global economy. Amid the ongoing …

Firms that have failed to meet the performance expectations of investors must seek new
ways of creating value or face the loss of financial support. Using resource‐based …

The fungibility of organizational slack provides firms significant latitude in addressing both
internal and market pressures. A vast literature suggests that slack influences firm …

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

We investigate how digitalization influences the effectiveness of retrenchment and strategic
actions on firms' turnaround outcomes after a situation of firm decline. To ensure turnaround …

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 …

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