This project examines divestiture announcements in Australia from 1987 to 1997. Valuation effects in response to such announcements are consistently, however weakly, positive for both the divesting parents and the acquiring firms. Different causes and motives to divest are investigated…. Chapter 1:
The objective of this paper is to build a case for inclusion of organizational identity construct in turnaround research. After a brief review of various perspectives in turnaround research, the paper traces the major findings in turnaround actions and types. Based on
Scooters India Ltd. (SIL) was established in the year 1972, by the Government of India , as a public sector enterprise, by importing old plant and machinery from a defunct automobile company in Italy. The company incurred losses ever since its inception