Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/44693
Title: Strategic reorientation and responses to the Asian financial crisis: The case of the manufacturing industry in Singapore
Authors: Tan, H.H. 
See, H.H.
Keywords: Asian financial crisis
Offensive and defensive strategies
Issue Date: 2004
Source: Tan, H.H.,See, H.H. (2004). Strategic reorientation and responses to the Asian financial crisis: The case of the manufacturing industry in Singapore. Asia Pacific Journal of Management 21 (1-2) : 189-211. ScholarBank@NUS Repository.
Abstract: Taking the Asian financial crisis as a base model that triggers decline among manufacturing firms in Singapore, this paper identified two main strategies taken: offensive strategic reorientation and defensive strategic shift. We hypothesized that firms that adopt the offensive strategic reorientation strategy attributed decline to controllable factors, have a higher level of slack, and are bigger in size. On the other hand, firms that adopt defensive strategic shift attributed decline to uncontrollable factors, are under greater severity of decline, have a lower level of slack and are smaller in size. We found significant relationships for the defensive strategic shift strategy. © 2004 Kluwer Academic Publishers.
Source Title: Asia Pacific Journal of Management
URI: http://scholarbank.nus.edu.sg/handle/10635/44693
ISSN: 02174561
Appears in Collections:Staff Publications

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