Selecting Restructuring Strategies for Sick Companies: Incorporating the Decision-Making element

摘要: st of August 05, accepted 12 th October 05 * auteur a qui envoyer la correspondance, corresponding author Abstract The paper provides review features restructuring strategies, indicating that distress may limit the choice available. It then introduces decision theory to show final be influenced by objective criteria and subjective or non-rational as well social interactions. authors propose framework in which organizational environmental variables, along with methods, influence decision-making strategy selected for declining companies.. provide multidisciplinary point view they consider such metrics psychological variables study sick companies.