Elements of Symptoms of Decline:
Decline in: Profitability, dividends, sales, debt, liquidity, market share,
Raise of: Manager turnover
Lack or delay of: Strategic thinking, Publishing financial results, Problem solving
Principle:
Ten major symptoms that indicate symptoms of decline
Issues:
Objectivity from outsider / analyst
Applications:
To determine decline or risk of decline
Source of Symptoms of Decline:
Slatter and Lovett (1999)