Corporate Financial Distress

Restructuring and Turnaround

Corporate Financial Distress
Alberto Tron
RRP:
NZ$ 228.99
Our Price:
NZ$ 217.54
Hardback
h229 x 152mm - 240pg
21 Jan 2021 UK
International import eta 10-19 days
9781839829819
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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 Financial Distress, Restructuring and Turnaround identifies a recovery plan, monitoring, deployment and provides tools to direct economic crises towards financial success in the future and financial stability in the short term. An analysis scheme has been developed and is provided to help measure economic, financial 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-financial 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 financial process of rehabilitation towards success.
Alberto Tron is Adjunct Professor of Corporate Finance in the Department of Finance at the Bocconi University of Milan, Italy. Over his professional and university career, he has co-authored 13 books, wrote more than 50 publications in national and international journals and has been a speaker at numerous conferences on corporate finance, financial market law and regulation, accounting and financial reporting issues linked to supervisory bodies, auditing and business crisis management.

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