IDEAS home Printed from https://ideas.repec.org/p/pas/asarcc/2008-06.html
   My bibliography  Save this paper

Financial Turnaround of the Indian Railways: A Case Study

Author

Listed:
  • Desh Gupta
  • Milind Sathye

Abstract

We analyse the factors that led to the turnaround of the Indian Railways from a low performing organisation to a high performing one. Literature on public sector turnaround provides the theoretical underpinnings. Enterprise turnaround is often ascribed to managerial leadership; we found that environmental factors (good luck) also contribute to the success. The implication of our study is that an organisation’s turnaround success needs to be put in a wider context.

Suggested Citation

  • Desh Gupta & Milind Sathye, 2008. "Financial Turnaround of the Indian Railways: A Case Study," ASARC Working Papers 2008-06, The Australian National University, Australia South Asia Research Centre.
    • Handle: RePEc:pas:asarcc:2008-06
    as

    Download full text from publisher

    File URL: https://crawford.anu.edu.au/acde/asarc/pdf/papers/2008/WP2008_06.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Garry D. Bruton & David Ahlstrom & Johnny C. C. Wan, 2003. "Turnaround in East Asian firms: evidence from ethnic Overseas Chinese communities," Strategic Management Journal, Wiley Blackwell, vol. 24(6), pages 519-540, June.
    2. George A. Boyne, 2002. "Theme: Local Government: Concepts and Indicators of Local Authority Performance: An Evaluation of the Statutory Frameworks in England and Wales," Public Money & Management, Taylor & Francis Journals, vol. 22(2), pages 17-24, April.
    3. Evans, Jocelyn D. & Green, Corliss L., 2000. "Marketing Strategy, Constituent Influence, and Resource Allocation: An Application of the Miles and Snow Typology to Closely Held Firms in Chapter 11 Bankruptcy," Journal of Business Research, Elsevier, vol. 50(2), pages 225-231, November.
    4. Bruce C. Skaggs & Mark Youndt, 2004. "Strategic positioning, human capital, and performance in service organizations: a customer interaction approach," Strategic Management Journal, Wiley Blackwell, vol. 25(1), pages 85-99, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Desh Gupta, & Milind Sathye, 2007. "Financial turnaround of the Indian Railways: Good Luck or Good Management?," ASARC Working Papers 2007-13, The Australian National University, Australia South Asia Research Centre.
    2. Gareth Enticott & Richard M. Walker, 2008. "Sustainability, performance and organizational strategy: an empirical analysis of public organizations," Business Strategy and the Environment, Wiley Blackwell, vol. 17(2), pages 79-92, February.
    3. Yi-Ching Hsieh & Hung-Chang Chiu & Yun-Chia Tang & Wei-Yun Lin, 2018. "Does Raising Value Co-creation Increase All Customers’ Happiness?," Journal of Business Ethics, Springer, vol. 152(4), pages 1053-1067, November.
    4. Zhang, Hongjuan & Young, Michael N. & Tan, Justin & Sun, Weizheng, 2018. "How Chinese companies deal with a legitimacy imbalance when acquiring firms from developed economies," Journal of World Business, Elsevier, vol. 53(5), pages 752-767.
    5. Abhirup Chakrabarti, 2015. "Organizational adaptation in an economic shock: The role of growth reconfiguration," Strategic Management Journal, Wiley Blackwell, vol. 36(11), pages 1717-1738, November.
    6. Cristiano CODAGNONE & Giovanni LIVA & Egidijus BARCEVICIUS & Gianluca MISURACA & Luka KLIMAVICIUTE & Michele BENEDETTI & Irene VANINI & Giancarlo VECCHI & Emily RYEN GLOINSON & Katherine STEWART & Sti, 2020. "Assessing the impacts of digital government transformation in the EU: Conceptual framework and empirical case studies," JRC Research Reports JRC120865, Joint Research Centre.
    7. Nicolai PETROVSKY, 2011. "Measuring The Performance Of Federal Agencies And Programs In The Usa: An Overview And Some Reflections," Proceedings of Administration and Public Management International Conference, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(1), pages 17-26, June.
    8. John S Heywood & Uwe Jirjahn & Annika Pfister, 2020. "Product market competition and employer provided training in Germany," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(2), pages 533-556.
    9. Zbysław Dobrowolski & Grzegorz Drozdowski & Józef Ledzianowski, 2021. "The Competency Niche: An Exploratory Study," Risks, MDPI, vol. 9(11), pages 1-11, October.
    10. Xiao Zhang & Luqun Xie & Jiatao Li & Li Cheng, 2022. "“Outside in”: Global demand heterogeneity and dynamic capabilities of multinational enterprises," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(4), pages 709-722, June.
    11. Kelly Z. Peng, 2017. "Responding to emotions in China: Gender differences and the emotion-job outcome relationship," Asia Pacific Journal of Management, Springer, vol. 34(2), pages 443-460, June.
    12. Lin, Wen-Ting, 2012. "Family ownership and internationalization processes: Internationalization pace, internationalization scope, and internationalization rhythm," European Management Journal, Elsevier, vol. 30(1), pages 47-56.
    13. Mike Peng & Yi Jiang, 2006. "Family Ownership And Control In Large Firms: The Good, The Bad, The Irrelevant ??? And Why," William Davidson Institute Working Papers Series wp840, William Davidson Institute at the University of Michigan.
    14. Concepción Garcés-Ayerbe & Pilar Rivera-Torres & Josefina L. Murillo-Luna & Cristina Suárez-Gálvez, 2022. "Does it pay more to be green in family firms than in non-family firms?," Review of Managerial Science, Springer, vol. 16(5), pages 1365-1386, July.
    15. Long Lam & Xu Huang & Dora Lau, 2012. "Leadership research in Asia: Taking the road less traveled?," Asia Pacific Journal of Management, Springer, vol. 29(2), pages 195-204, June.
    16. repec:rom:campco:v:7:y:2011:i:1:p:17-26 is not listed on IDEAS
    17. Wen-Ting Lin & Linda C. Wang, 2021. "Family firms, R&D, and internationalization: the stewardship and socio-emotional wealth perspectives," Asia Pacific Journal of Management, Springer, vol. 38(1), pages 91-119, March.
    18. Kuo, Anthony & Kao, Ming-Sung & Chang, Yi-Chieh & Chiu, Chih-Fang, 2012. "The influence of international experience on entry mode choice: Difference between family and non-family firms," European Management Journal, Elsevier, vol. 30(3), pages 248-263.
    19. Alexandra Bertschi-Michel & Philipp Sieger & Thomas Wittig & Andreas Hack, 2023. "Sacrifice, Protect, and Hope for the Best: Family Ownership, Turnaround Moves, and Crisis Survival," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1132-1168, July.
    20. Jean–Luc Arregle & Lucia Naldi & Mattias Nordqvist & Michael A. Hitt, 2012. "Internationalization of Family–Controlled Firms: A Study of the Effects of External Involvement in Governance," Entrepreneurship Theory and Practice, , vol. 36(6), pages 1115-1143, November.
    21. Youngmin Oh & Seong-ho Jeong & Heontae Shin, 2019. "A Strategy for a Sustainable Local Government: Are Participatory Governments More Efficient, Effective, and Equitable in the Budget Process?," Sustainability, MDPI, vol. 11(19), pages 1-16, September.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pas:asarcc:2008-06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Raghbendra Jha (email available below). General contact details of provider: https://edirc.repec.org/data/asanuau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.