IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-642-01786-5_1.html
   My bibliography  Save this book chapter

Diagnosing the Problem

In: Corporate Restructuring

Author

Listed:
  • David E. Vance

    (School of Business Rutgers University)

Abstract

Companies fail or seriously under perform their peers because owners, executives and managers don’t or won’t recognize the early warning signs of trouble. Common reasons companies fail, early warning signs and ratios that throw a company’s problems into bold relief can be used as a spur to action. The three main tasks in restructuring (i) diagnosing the problems, (ii) identifying and implementing solutions and (iii) finding the resources to keep the company going until restructuring takes effect are discussed throughout the book. But time is short. If restructuring can’t be done in a year, it probably can’t be done. While a new CEO, turnaround consultant, or management team is driving a company to better performance ethical standards must be maintained. No gain from using an ethical shortcut is ever as great as the cost in terms of time, reputation and sanctions.

Suggested Citation

  • David E. Vance, 2009. "Diagnosing the Problem," Springer Books, in: Corporate Restructuring, chapter 0, pages 1-18, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-01786-5_1
    DOI: 10.1007/978-3-642-01786-5_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-3-642-01786-5_1. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.