Purpose – The purpose of this paper is to study the consistency in the management of poor performance by a group of experienced managers working at the same level in a service organisation which had a formal performance management process. Design/methodology/approach – A case study is...

Small owner‐managed firms typically operate with levels of debt, much of it short‐term, which are higher than those found in large companies. This paper investigates the financing preferences of a cross‐section of small firm owners. The findings support the view that the financing...

Brings together the different strands of the divestment literature – industrial organization, finance, and corporate strategy – which have been developing over the last 20 years. Points to be increased resort to divestment by corporate managers and suggests that this adaptive activity should...

This paper examines all New Zealand listed public companies in the years 1987, 1990 and 1993 to highlight changes over time in interlocking directorates. Potential company and individual director interlocks, as well as average board size, are found to have decreased since 1984. This points to a...