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An Exploratory Study of Company Turnaround in Australia and Singapore Following the Asia Crisis

dc.contributor.authorFisher, Gregory
dc.contributor.authorLee, Janet
dc.contributor.authorJohns, Leanne
dc.date.accessioned2015-12-13T22:56:34Z
dc.date.issued2004
dc.date.updated2015-12-11T11:16:14Z
dc.description.abstractThere has been little research into company turnaround practices in Asia. This paper investigates the role of retrenchment, replacement of chairman or chief executive and ownership change in the turnaround process, using a sample of 60 listed companies in Australia and Singapore. Conclusions are drawn that overall, transparency of the regulatory environment and other governance issues are a stronger influence on turnaround practices than are cultural issues. This may make Singapore, which has transparency and governance risk indicators at similar low levels to Australia, a unique business environment in Asia.
dc.identifier.issn0217-4561
dc.identifier.urihttp://hdl.handle.net/1885/82855
dc.publisherKluwer Academic Publishers
dc.sourceAsia Pacific Journal of Management
dc.subjectKeywords: Australia; Company turnaround; Culture; Governance transparency; Retrenchment; Singapore
dc.titleAn Exploratory Study of Company Turnaround in Australia and Singapore Following the Asia Crisis
dc.typeJournal article
local.bibliographicCitation.issue1-2
local.bibliographicCitation.lastpage170
local.bibliographicCitation.startpage149
local.contributor.affiliationFisher, Gregory, College of Business and Economics, ANU
local.contributor.affiliationLee, Janet, College of Business and Economics, ANU
local.contributor.affiliationJohns, Leanne, College of Business and Economics, ANU
local.contributor.authoruidFisher, Gregory, u4032090
local.contributor.authoruidLee, Janet, u4033039
local.contributor.authoruidJohns, Leanne, u4023356
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.absfor150308 - International Business
local.identifier.ariespublicationMigratedxPub11063
local.identifier.citationvolume21
local.identifier.scopusID2-s2.0-17444402316
local.type.statusPublished Version

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