IDEAS home Printed from https://ideas.repec.org/a/osi/journl/v11y2015p400-408.html
   My bibliography  Save this article

Restructuring Of Small Businesses In The Republic Of Croatia During Crisis

Author

Listed:
  • Melita Cita

    (University of Applied Sciences of VERN, Zagreb)

  • Milan Stanic

    (University of Applied Sciences of Slavonski Brod, Slavonski Brod)

  • Berislav Bolfek

    (University of Zadar, Zadar)

Abstract

Doing business in a modern environment exposes small companies to numerous risks. Due to changes in economy, which are primarily dictated by the global crisis, companies must adapt to changeable market conditions to continue their business operations. Therefore, their market survival depends on the timely conduct of certain activities by the company management, resulting in operational savings and ensuring their competitive advantage. This requires changes in the business strategy as well as the market, organisational and financial structure of these companies. The paper will show an in-depth analysis of the market position taken up by small businesses using three practical examples, and indicating the pros and cons of restructuring which does not necessarily result in a desired effect.

Suggested Citation

  • Melita Cita & Milan Stanic & Berislav Bolfek, 2015. "Restructuring Of Small Businesses In The Republic Of Croatia During Crisis," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 11, pages 400-408.
    • Handle: RePEc:osi:journl:v:11:y:2015:p:400-408
    as

    Download full text from publisher

    File URL: http://www.efos.hr/repec/osi/journl/PDF/InterdisciplinaryManagementResearchXI/IMR11a30
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    restructuring; small businesses; financial indicators;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • G01 - Financial Economics - - General - - - Financial Crises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osi:journl:v:11:y:2015:p:400-408. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hrvoje Serdarusic, PhD (email available below). General contact details of provider: https://edirc.repec.org/data/efosihr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.