Economic downturns and repair restructuring of a company Cover Image

Dekoniunktura gospodarcza a restrukturyzacja naprawcza przedsiębiorstwa
Economic downturns and repair restructuring of a company

Author(s): Danuta Szwajca, Alina Gorczyńska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: remedial restructuring; economic downturns; business cycle

Summary/Abstract: Enterprises operating in a market economy are forced to include operating environment, including economic trends, in their activities. During the downturn, due to the collapse in demand, poor access to finance, and resulting gridlock, companies face financial difficulties, which may in effect lead to bankruptcy. Hence, companies in order to stay on the market take corrective action within the current structure changes. Repair restructuring can have restructuring, organizational, financial, employment and induced character.

  • Issue Year: 2012
  • Issue No: 245
  • Page Range: 88-97
  • Page Count: 10
  • Language: Polish