ONE of the most recent wind tunnels built in the United States is that at the University of Detroit, officially put into operation in September, 1930, designed under the personal…
Abstract
ONE of the most recent wind tunnels built in the United States is that at the University of Detroit, officially put into operation in September, 1930, designed under the personal supervision of Professor Peter Altman, director of the aeronautical engineering department of the University.
IT has been found by model tests that the lift of a combination of an aeroplane body and a wing is not in general equal to the sum of the lifts of the two components when tested…
Abstract
IT has been found by model tests that the lift of a combination of an aeroplane body and a wing is not in general equal to the sum of the lifts of the two components when tested separately. This difference is broadly referred to as an interference effect. It is dependent on a number of factors which can be generalised into three groups:—
Despite widespread interest in the resources and people of Alaska, few libraries outside of the state maintain extensive collections on these subjects. In this article, David A…
Abstract
Despite widespread interest in the resources and people of Alaska, few libraries outside of the state maintain extensive collections on these subjects. In this article, David A. Hales reviews a multifarious sample of informative materials.
Harini K.N. and Manoj T. Thomas
Over the years, the impact of the business cycle on firm strategy has been neglected in the area of strategic management and remains one of the most important but least developed…
Abstract
Purpose
Over the years, the impact of the business cycle on firm strategy has been neglected in the area of strategic management and remains one of the most important but least developed research streams in management scholarship. Studies in this area are scattered across time and domains, therefore, there is a need to consolidate this fragmented literature to provide a comprehensive review and thus avenues for further research. This study aims to address this gap.
Design/methodology/approach
In this study, the systematic literature review (SLR) method is used to select and examine research articles in the area of firm responses and decisions during recession. This SLR examines 127 studies and carries out a thematic synthesis of the literature.
Findings
Based on the SLR and thematic synthesis of the literature, the themes identified in this study include – severity of recession impact (Theme 1); firm specific characteristics (Theme 2); resource adjustment activities (Theme 3); and firm performance (Theme 4), based on these themes and analysis this paper maps and proposes various relationships and linkages in this research domain that can be explored further for the development of scholarship in this field of study.
Originality/value
This paper fulfills the need for a systematic review of the extant literature on firms’ responses during recession. The study synthesizes literature and carries out a thematic analysis from 1980 till the period February 2024 to provide directions to advance this domain of literature.