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Crisis in the European Automobile Industry: An “Organizational Adaptation” Perspective


  • Gianpaolo Abatecola

    () (Università degli Studi di Roma "Tor Vergata")


The paper explores the determinants of corporate crisis through an «organizational adaptation» perspective. In this regard, a research framework recently developed by scholars is at first shown. It is then tested in the European automobile industry through the analysis of the huge Fiat group’s economic and financial crisis in the nineties. Empirical findings are drawn from public archival sources. The discussion of the main results and of the implications for further research on the crisis of firms follow. Among the different methodological and theoretical perspectives on the determinants of firms’ crisis developed by literature, the paper can help to enforce the scientific conciliation wished by scholars.

Suggested Citation

  • Gianpaolo Abatecola, 2009. "Crisis in the European Automobile Industry: An “Organizational Adaptation” Perspective," DSI Essays Series, DSI - Dipartimento di Studi sull'Impresa, vol. 5.
  • Handle: RePEc:tov:dsiess:v:5:y:2009

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    Cited by:

    1. Giulio Cainelli & Sandro Montresor & Giuseppe Vittucci Marzetti, 2012. "Production and financial linkages in inter-firm networks: structural variety, risk-sharing and resilience," Journal of Evolutionary Economics, Springer, vol. 22(4), pages 711-734, September.
    2. Martina Fromhold-Eisebith, 2015. "Sectoral Resilience: Conceptualizing Industry-Specific Spatial Patterns of Interactive Crisis Adjustment," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1675-1694, September.

    More about this item


    Adaptation; automobile; crisis; decline; failure; Fiat; niche; population ecology; top management team; turnaround;

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration


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