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- W3171557837 abstract "Agility is an unknown phenomenon that is less empirically investigated in previous researches. Agility means the reduction in the workforce by management, which can be considered as a cost leadership strategy. Human resource changes in the company, lower staff costs and personnel salary are the results of agility which in times of crisis is a competitive advantage for the company. According to the game theory, adopting a strategy of cost leadership by managers reduces the risk of bankruptcy. The purpose of this study is to investigate the effect of agility on the probability of bankruptcy. The population of this research is all companies listed on Tehran Stock Exchange from 2011 to 2016, and the sample size based on the systematic elimination method is 175 companies. The multiple regression analysis is used to test the research hypothesis. The results of the study show that managers, by adopting cost leadership strategies and agility policies, significantly reduce the likelihood of bankruptcy." @default.
- W3171557837 created "2021-06-22" @default.
- W3171557837 creator A5043498735 @default.
- W3171557837 date "2020-11-25" @default.
- W3171557837 modified "2023-09-23" @default.
- W3171557837 title "The Impact of Agility on the Probability of Bankruptcy" @default.
- W3171557837 hasPublicationYear "2020" @default.
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