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Reorganization, a Possible Bridge over Bankruptcy

Author

Listed:
  • Petrescu (Neacºu) Claudia-Maria

    (Valahia University of Targoviste)

  • Vladaia (Vlad) Madalina Lucia

    (Valahia University of Targoviste)

  • Nistor Ion

    (Valahia University of Targoviste)

Abstract

In the economic context of competitive market of today and from the perspective of European integration, even big companies can get in trouble. Because their executives or managers are not able to deal with difficult issues by taking effective and timely measures, companies may not keep the position in their field of activity and end up in a situation of lack of liquidity, record profit decreases or excessive debt. If they are not recovering quickly, even viable companies lose the moment of market and especially the possibilities to generate cash and the creditors, bondholders, investors, management and employees are forced to seek solutions to recover various rights to society.

Suggested Citation

  • Petrescu (Neacºu) Claudia-Maria & Vladaia (Vlad) Madalina Lucia & Nistor Ion, 2013. "Reorganization, a Possible Bridge over Bankruptcy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1432-1435, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1432-1435
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    Citations

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    Cited by:

    1. Abraben, Lane A. & Grogan, Kelly A. & Gao, Zhifeng, 2017. "Organic price premium or penalty? A comparative market analysis of organic wines from Tuscany," Food Policy, Elsevier, vol. 69(C), pages 154-165.

    More about this item

    Keywords

    Company in difficulty; Insolvency; Reorganization; Restructuring Strategies; Liquidation.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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