Toward Improved Theory and Research on Business Turnaround
回顾了多学科的企业扭亏文献，基于已有研究数据和支持性证据，构建了一个经验驱动的概念模型，旨在指导财务衰退期的战略管理实践并推动未来理论检验。
Statistics on business failure rates corroborate the conclusion that neither academics nor practitioners have succeeded in designing a model to guide strategic management action during periods of financial decline. Therefore, a comprehensive review was conducted on the turnaround literature from multiple disciplines and related research streams. The product of this work is an empirically-driven conceptual model of business level turnaround. Building on data-supported hypotheses from prior research and confirmatory anecdotal evidence from practitioner literature, the model is intended to help focus future theory testing efforts and to accelerate the advancement of strategic management practice.