Showing 1 - 10 of 301
The topic of corporate distress and turnaround has been of interest to organizational change theory for many decades …. This article considers existing reviews in discussing the current body of turnaround literature across multiple research … fields and structures its work along a holistic framework. The numerous facets of corporate turnaround, resorting to general …
Persistent link: https://www.econbiz.de/10011817079
This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE...
Persistent link: https://www.econbiz.de/10012052794
During economic downturns, firms file for bankruptcy in an effort to attempt a "turnaround". The objective of this … be evaluated carefully when attempting a turnaround. …
Persistent link: https://www.econbiz.de/10013327711
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … exclusively on coal-fired power plants and uses panel data covering several years after implementation of restructuring. The … estimation compares how investor-owned (IOs) plants in states with restructuring changed their behavior relative to IOs in states …
Persistent link: https://www.econbiz.de/10010292700
This study examines changes in block ownership for a large sample of listed and non-listed German firms. The frequency of block trading is similar to other countries, and the vast majority of block trades leads to changes in ultimate ownership (control transfers). Such changes are more likely...
Persistent link: https://www.econbiz.de/10010297730
The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition...
Persistent link: https://www.econbiz.de/10010301337
. Corporate restructuring and increasing the employee's authority over time are means to alleviate inertia but may undermine …
Persistent link: https://www.econbiz.de/10010302621
regional instability. The importance of out-of-court restructuring alternatives lies on their expediency and, to a certain … restructuring in Latin America by providing a thorough up to date regional analysis on pre-packs, pre-negotiated deals and private … workouts. The use of expedited debt-restructuring alternatives allows debtors and creditors to negotiate the terms of an …
Persistent link: https://www.econbiz.de/10011314041
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment … liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes … into account how much its own profit will increase. The government internalizes that restructuring increases the sales …
Persistent link: https://www.econbiz.de/10011324978
International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...
Persistent link: https://www.econbiz.de/10011324980