When a strategic plan includes bankruptcy

When a strategic plan includes bankruptcy

The bankruptcy option must be made part of a company's strategic plan. When properly executed, filing for temporary protection under the bankruptcy code can provide a company with a chance to remedy its situation to develop a profitable and competitive firm.

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Bibliographische Detailangaben
Veröffentlicht in:Business horizons 1998-09, Vol.41 (5), p.67-73
Hauptverfasser: Pearce, John A., DiLullo, Samuel A.
Format: Artikel
Sprache:eng
Schlagworte:
Bankruptcy
Bankruptcy laws
Bankruptcy reorganization
Corporate debt
Employees
Methods
Personal bankruptcy
Retail stores
Stock prices
Stockholders
Strategic planning (Business)
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Beschreibung
Zusammenfassung:The bankruptcy option must be made part of a company's strategic plan. When properly executed, filing for temporary protection under the bankruptcy code can provide a company with a chance to remedy its situation to develop a profitable and competitive firm.
ISSN:0007-6813
1873-6068
DOI:10.1016/S0007-6813(98)90080-5