Old habits die hard: A tale of two failed companies and unwanted inheritance |
| |
Authors: | Joseph Amankwah-Amoah |
| |
Affiliation: | Bristol University, School of Economics, Finance & Management, Social Sciences Complex, 8 Woodland Road, Clifton, Bristol BS8 1TN, United Kingdom |
| |
Abstract: | This article examines whether state-owned enterprises inherit the problems and stigmas resulting from the actions and inactions of their predecessor firms. In this direction, we advance two main theories of inherited background: the “wanted inheritance” and “sins of the father” perspective. We shed light on this issue using the cautionary tale of two failed companies: Ghana Airways (GA) and Ghana International Airlines (GIA). Our data indicate that GIA acquired some wanted inheritance such as former employees and their expertise, but this was accompanied by unwanted inheritance such as tainted ‘image’ and years of dissatisfaction of their customers from Ghana Airways, which affected its operations and precipitated its untimely demise. We conclude by outlining the implications of our findings for management and governments. |
| |
Keywords: | Global competition Ghana Inherited problems Brand Reputation State-owned enterprises |
本文献已被 ScienceDirect 等数据库收录! |
|