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Eduardo Curto Rodríguez
Universidade de Santiago de Compostela, Departamento de Organización de Empresas e Comercialización, Campus Universitario Norte, 15782 Santiago de Compostela, España
Romina García Chas
Universidade de Santiago de Compostela, Departamento de Organización de Empresas e Comercialización, Campus Universitario Norte, 15782 Santiago de Compostela, España
Vol 30 No 2 (2021), Articles, pages 1-17
Submitted: 14-02-2020 Accepted: 15-12-2020 Published: 02-02-2021
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This work conducts a review of research in the field of refloating and business decline from the mid-1970s to the present day. Based on the work of Pierce and Robbins (1993) and Trahms, Ndofor and Sirmon (2013), the main findings made by the previous research are presented along with the fundamental shortcomings in this field. In addition, progress following the review of Trahms et al. (2013) is also shown along with a future perspective for research in this area.

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