The Aspects of Restructuring Enterprises and the Ways of Implementing the Process

Garškaitė-Milvydienė, Kristina

doi:10.3846/btp.2014.449

Cited by 2 publications

(1 citation statement)

References 17 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In the course of restructuring of an enterprise, one of the most important elements is the target to be achieved. The analysis of theoretical and practical aspects of restructuring allows for the observation that there exist certain links between restructuring targets and the measures usually applied in practice (Ginevicius et al, 2005;DePamphilis, 2010;Stukas & Miecinskiene, 2010;Gaughan, 2015;Agrawal & Knoeber, 2012;Garskaite-Milvydiene, 2014a, 2014b. The targets of enterprise restructuring determine the choice of respective ways and instruments of enterprise restructuring (Table 8).…”

Section: Mergers and Acquisitions Of Enterprises As Restructuring Meamentioning

confidence: 99%

Peculiarities of Bankruptcies, Restructuring, Mergers and Acquisitions in Lithuania in the Post-Crisis Period

Garškaitė-Milvydienė¹,

Burksaitiene²

2016

View full text Add to dashboard Cite

The processes of bankruptcy and restructuring of enterprises used to raise and continue to raise a wide range of controversial assessments. The article examines statistics of the bankruptcy and restructuring of enterprises, problems and ways of their resolution and analyses mergers and acquisitions and their causes. The majority of enterprises merge in order to expand their activities and to diversify the risks associated with such activities. Smaller enterprises, which are incapable of competing in the international market, are forced to bring themselves under the protection of large international enterprises. The mergers and acquisitions of enterprises take place also in order to capture new technological opportunities, to enhance an enterprise's trademark, to achieve a variety of synergistic effects, economies of scale and management, improved allocation of resources and market power gains and to attain a number of other goals. Thus, in times of globalisation and the free movement of capital the issues of mergers and acquisitions are becoming increasingly topical due to the emerging opportunities of seeking alliance or acquisition in international markets. The aim of this research is to identify peculiarities of restructuring, mergers and acquisitions in Lithuania in the postcrisis period. The object of the research is the bankruptcy and restructuring of enterprises as well as, mergers and acquisitions of enterprises in the Baltic States and European countries. Research methods: analysis of statistical data and scientific literature.

show abstract

Section: Mergers and Acquisitions Of Enterprises As Restructuring Meamentioning

confidence: 99%

Peculiarities of Bankruptcies, Restructuring, Mergers and Acquisitions in Lithuania in the Post-Crisis Period

Garškaitė-Milvydienė¹,

Burksaitiene²

2016

View full text Add to dashboard Cite

show abstract

Theoretical principles of enterprise`s restructuring in the conditions of digitalization of the economy

Cherednyk

2023

UJAET

View full text Add to dashboard Cite

The article justified the relevance of investigating the phenomenon of "restructuring" in the context of the profound impact of the digitization of economic processes on the activities of domestic enterprises. Instances of inefficient operation of individual units within these enterprises became more frequent, reducing profit or its absence. An analysis of recent sources and publications indicated that modern business conditions, particularly economic digitization, must be fully considered. The article explores existing definitions of the concept of enterprise restructuring. It proposes understanding restructuring as a "comprehensive strategic transformation of internal relationships within the enterprise, characterized by an innovative nature and aimed at improving its efficiency through a maximum alignment of its structure with the content in the existing conditions of the external environment." Critical aspects of mergers and consolidation of enterprises are discussed, drawing on contemporary trends of decline and economic digitization. The author formulates a list of types of restructuring, features, and measures that are advisable to implement within each type of restructuring. Each type of restructuring contributes to the reconstruction and recovery of the enterprise, and the range of measures is determined based on the features identified during the analysis of the enterprise's activities. Various measures were outlined within different types of restructuring. They include issuing additional securities, reassessing asset values, reducing accounts receivable, restructuring debt, developing a new organizational structure, revising technological and product policies, making changes in management, downsizing resources, adjusting market and product portfolios, reducing the size of the enterprise, optimizing capital and operational costs, deferring debt repayment, and negotiating lower interest rates on outstanding debt, etc. Keywords: restructuring of enterprise, merger, consolidation, enterprise development, digitalization of the economy.

show abstract

The Aspects of Restructuring Enterprises and the Ways of Implementing the Process

Cited by 2 publications

References 17 publications

Peculiarities of Bankruptcies, Restructuring, Mergers and Acquisitions in Lithuania in the Post-Crisis Period

Peculiarities of Bankruptcies, Restructuring, Mergers and Acquisitions in Lithuania in the Post-Crisis Period

Theoretical principles of enterprise`s restructuring in the conditions of digitalization of the economy

Contact Info

Product

Resources

About