Nag, G.C. and Pathak, Raghuvar D. (2008) Corporate restructuring: a boon for competitive advantage. Advances in Competitiveness Research, 17 . pp. 21-40. ISSN 1077-0097
Full text not available from this repository.Abstract
Restructuring refers to multidimensional process. However, the term corporate restructuring is used here for operational restructuring as long term strategy of business. Operational restructuring is an ongoing process, which includes improvement in efficiency and management, reduction in staff and wages, sales of assets (for example, reduction in subsidiaries), enhanced marketing efforts, and so on with the expectation of higher profitability and cash flow (1). Rising competition, breakthrough technological and other changes, rising stock market volatility, major corporate accounting scandals have increased the responsibility to managers to deliver superior performance and enhance market value to shareholders. The companies which fail to deal with the above successfully may lose their independence, if not face extinction.
| Item Type: | Journal Article |
|---|---|
| Additional Information: | Prior to being published, this article was presented as a conference paper: Pathak, R.D. (co-author), 2007. Corporate restructuring: a boon for competitive advantage. Annual Regional Conference of American Society for Competitiveness, Goa, India, 11-12 January 2007. |
| Subjects: | H Social Sciences > HF Commerce |
| Divisions: | Faculty of Business and Economics (FBE) > Graduate School of Business |
| Depositing User: | Ms Neha Harakh |
| Date Deposited: | 08 Feb 2008 22:52 |
| Last Modified: | 13 Jul 2012 08:54 |
| URI: | https://repository.usp.ac.fj/id/eprint/132 |
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