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A unified framework for incorporating decision-making into explanations of business failure

Amankwah-Amoah, J. (2015) A unified framework for incorporating decision-making into explanations of business failure. Industrial Management and Data Systems, 115 (7). pp. 1341-1357. ISSN 0263-5577. (doi:10.1108/IMDS-03-2015-0085) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:57779)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1108/IMDS-03-2015-0085

Abstract

The purpose of this paper is to examine how decision-maker attributes unfold to precipitate organisational failure. The analysis brings to light how key attributes such as information-processing capabilities and human capital decay interact to bring about business decline and exit. Design/methodology/approach – The study is based on an integrated review and conceptualisation of the literature. Findings – The study articulates how a set of attributes of decision makers, i.e. human capital obsolescence, powerlessness, meaninglessness and institutional linkages, contributes to organisational failure. Research limitations/implications – The paper concludes by setting out an array of strategies of learning from others’ failures. Originality/value – In spite of a growing body of research on organisational failure, scholars have placed overwhelming emphasis on ecological explanations and business failure prediction models. The study moves beyond the ecological explanations to offer a more fine-grained analysis of firm-level factors that precipitate business failure.

Item Type: Article
DOI/Identification number: 10.1108/IMDS-03-2015-0085
Uncontrolled keywords: Human capital, Business failure, Decision making, Information processing
Subjects: H Social Sciences
H Social Sciences > H Social Sciences (General)
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 06 Oct 2016 14:57 UTC
Last Modified: 08 Oct 2021 15:55 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/57779 (The current URI for this page, for reference purposes)
Amankwah-Amoah, J.: https://orcid.org/0000-0003-0383-5831
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