2009 Fiscal Year Final Research Report

Study of Turnaround Management : Recognition of Turnaround Situation and Turnaround Action in Japanese Companies

Research Project

Project/Area Number	20730254
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Single-year Grants
Research Field	Business administration
Research Institution	The University of Shimane
Principal Investigator	TANAKA Yukiko The University of Shimane, 総合政策学部, 講師 (10453200)
Project Period (FY)	2008 – 2009
Keywords	企業再生 / 再生状況 / 衰退の認識
Research Abstract	This study investigated the relation between recognition of turnaround situation and turnaround action in Japanese companies. Interviews were used as the data collection and qualitative techniques were applied for data analysis. Findings showed companies recognized turnaround situation earlier had a tendency to start earlier turnaround action. Results indicated that early recognition of turnaround situation by top management and warning against crisis to their members quickly, producing a sense of impending crisis, taking measures to spread it among members were their outstanding characteristics.