@article{Dibrell_Francis_Van Ness_1998, place={Huntsville, Texas}, title={Value of Shareholders in The Turnaround Process: A Signaling Theory Perspective}, volume={15}, url={https://jbs-ojs-shsu.tdl.org/jbs/article/view/234}, DOI={10.54155/jbs.15.1.58-72}, abstractNote={<p>This paper provides an exploratory examination of market reaction to announcements of turnaround strategies from firms involved in the turnaround process. The findings of this paper suggest the market reacts positively to announced turnaround strategies. Interestingly, nonturnaround firms posted higher positive abnormal returns than firms that eventually were able to successfully complete a turnaround.</p>}, number={1}, journal={Journal of Business Strategies}, author={Dibrell, Clay and Francis, John and Van Ness, Robert}, year={1998}, month={Mar.}, pages={58–72} }