TURNAROUND MANAGEMENT AS A CORPORATE RENEWAL MODEL
Abstract:
In the conditions of the global financial crisis, a large number of companies has encountered significant losses, and many have experienced an economic collapse. The altered market conditions, insolvency and internal weaknesses call for comprehensive changes in business activities. Turnaround management, as a corporate renewal model, has proven to be a good approach to implementing a recovery plan for companies facing significant financial and structural difficulties. A considerable number of companies operating in different industries have used turnaround management as a corporate renewal model. The authors shall present one such model that has produced favourable financial results.
CITATION:
IEEE format
L. Jeremić, M. Fabris, “TURNAROUND MANAGEMENT AS A CORPORATE RENEWAL MODEL,” in FINIZ 2015 - Contemporary Financial Management, Belgrade, Singidunum University, Serbia, 2015, pp. 115-117. doi: 10.15308/finiz-2015-115-117
APA format
Jeremić, L., Fabris, M. (2015). TURNAROUND MANAGEMENT AS A CORPORATE RENEWAL MODEL. Paper presented at FINIZ 2015 - Contemporary Financial Management. doi:10.15308/finiz-2015-115-117
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