Reference : La mauvaise gestion de l'entreprise : trois profils-types de petites entreprises en diff...
E-prints/Working papers : First made available on ORBi
Business & economic sciences : General management & organizational theory
http://hdl.handle.net/2268/35970
La mauvaise gestion de l'entreprise : trois profils-types de petites entreprises en difficulté
French
[en] Poor management practices : 3 different patterns in failing small firms
Crutzen, Nathalie mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Diagnostic et contrôle de l'entreprise >]
Van Caillie, Didier mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Diagnostic et contrôle de l'entreprise - Centre d'Etude de la Performance des Entreprises (C.E.P.E.) >]
Nov-2010
Centre d'Etude de la Performance des Entreprises
Working Papers du CEPE
No
Liège
Belgique
[en] Management practices ; SMEs ; Business failure
[en] After an in-depth review of the scientific literature dedicated to (small) business failure causes (Crutzen et Van Caillie, 2008), it comes out that mismanagement is, by far, the failure cause which is the most commonly evoked by previous researchers (Argenti, 1976; Wichman, 1983; Newton, 1985; O'Neill and Duker, 1986; Thornhill and Amit, 2003). Nevertheless, the concept of « mismanagement » is relatively vague and large (Bruno et al., 1987; Sheldon, 1994). It is thus now necessary to clarify it if one wants to better understand the causes of small business failure and, in fine, to better prevent this phenomenon (Argenti, 1976). In particular, it is essential to distinguish between the main categories of managerial problems small businesses can be faced to in order to be able to better anticipate their failure (thanks to adequate trainings, for example) and in order to propose adequate remedies to specific managerial problems small distressed firms are confronted to.
In this context, the current article identifies, on the basis of two complementary statistical analyses, three specific patterns for badly-managed firms, amongst a sample of 91 small distressed firms.
Centre d'Etudes de la Performance des Entreprises - C.E.P.E.
Researchers ; Professionals ; Students
http://hdl.handle.net/2268/35970

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