the management of economic decline and the dimension of organizational change
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ID: 219283
2012
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Abstract
In the current climate, more and more companies are faced with multiple failures, which are
the basic problem that crisis management must resolve. In situations of economic decline,
the need for change at the organizational level is imperative to facilitate the recovery of a
company. This study aims to identify methods of corporate restructuring, which would be
to adopt could be adopted by Romanian companies in a time of crisis, to ensure business
sustainability. The research methodology has a theoretical and an empirical component and
it is based on statistical methods that facilitated a quantitative approach, using a sample of
82 companies listed on Bucharest Stock Exchange, all of them being declared insolvent
between 2000 and 2010. The research results have contributed to the classification of
companies, both by generating causes of insolvency and by restructuring methods
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| Reference Key |
onofrei2012amfiteatruthe
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|---|---|
| Authors | ;Mihaela Onofrei;Dan Lupu |
| Journal | international journal of algebra and computation |
| Year | 2012 |
| DOI |
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| URL | |
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