PhD Abstract - Managerial Response to Business Decline and Failure in India
Published: 2025
Author(s) Name: Vijay Sampath, Sanjit Kumar Dash |
Author(s) Affiliation: Sri Balaji University, Pune, Maharashtra, India.
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Abstract
This thesis explores a complex and under-researched dimension of the Indian business ecosystem: how managers respond to business decline and failure. While failure and entropy are inevitable features of socio-economic entities, India’s unique socio-economic and institutional landscape of business creates distinct challenges and responses that have yet to be adequately documented or theorized. Anchored in grounded theory and qualitative methods, this study unfolds through a journey that begins with building conceptual clarity, travels through methodological discovery, and culminates in new insights for business resilience.
Keywords: Business Decline, Business Resilience, Managerial Response
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