Well known and reputable corporations, not only the small entrepreneurial firms, also face organizational decline and failure. Albeit organizational decline is a reality, there is a notable scarcity of research on the topic. Organizational decline is more often studied in small companies and...

This article focuses on the organizational decline and, more specifically, the evolution of a selected group of Brazilian companies that were included in the Largest and Best ranking of Exame magazine in the period between 1974 and 2006. Our descriptive analysis shows two main effects: firstly a...