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3038 Hennepin Ave Minneapolis, MN
612-822-4611
Corporate Financial Distress: Restructuring and Turnaround

Corporate Financial Distress: Restructuring and Turnaround

Hardcover

Business GeneralInvesting & Finance

ISBN10: 1839829818
ISBN13: 9781839829819
Publisher: Emerald Pub Ltd
Published: Jan 21 2021
Pages: 184
Weight: 0.83
Height: 0.60 Width: 6.00 Depth: 9.10
Language: English
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.

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