Corporate financial distress restructuring and turnaround

Financial distress in corporations is a frequent phenomenon, particularly during times of national and international economic crises; but this can be used as an opportunity and incentive to implement a systematic process of reorganization and revitalization of a business. These plans for recovery ca...

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Bibliographic Details
Main Author: Tron, Alberto
Format: eBook
Language:English
Published: Bingley, U.K. Emerald Publishing Limited 2021
Subjects:
Online Access:
Collection: Emerald Business, Management and Economics eBook Collection Archive - Collection details see MPG.ReNa
Description
Summary:Financial distress in corporations is a frequent phenomenon, particularly during times of national and international economic crises; but this can be used as an opportunity and incentive to implement a systematic process of reorganization and revitalization of a business. These plans for recovery can lead to future successes and sustainability rather than just a fix to ensure survival of the business. Crises, if managed promptly from a strategic point of view, can lead to pragmatic changes and bring new value to the company, avoiding market foreclosure and the negative social consequences. Corporate Ficial Distress, Restructuring and Turnaround identifies a recovery plan, monitoring, deployment and provides tools to direct economic crises towards financial success in the future and ficial stability in the short term. An analysis scheme has been developed and is provided to help measure economic, ficial and strategic performance with the why, how and what in relation to the recovery plan. A model for the detection and evaluation of the economic-ficial performance implemented by an execution of a recovery plan and a set of indicators for evaluating the variables activated by the process of strategic change are identified. Tron uses alert analysis perspective to examine crises and recovery in business to outline discontinuity with the past in order to address strategic organizational changes and lead the ficial process of rehabilitation towards success
Item Description:Includes index
Physical Description:184 pages
ISBN:9781839829826
9781839829802