Sri Balaji Societys The Balajian Journal of Management Research

2025 | Volume 2 | Issue Issue 2

PhD Abstract - Managerial Response to Business Decline and Failure in India

1. Vijay Sampath – Sri Balaji University, Pune, Maharashtra, India.

2. Sanjit Kumar Dash – Sri Balaji University, Pune, Maharashtra, India.

Received
17-Nov-2025 		Accepted
- 		Published
17-Nov-2025
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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