Financial Strategies for Distressed Companies : A Critical Analysis and Operational Tools / by Salvatore Ferri, Federica Ricci

By:

Ferri, Salvatore [VerfasserIn]

Contributor(s):

Ricci, Federica [VerfasserIn]

Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Contributions to Finance and Accounting | Springer eBook CollectionPublisher: Cham : Springer International Publishing, 2021Publisher: Cham : Imprint: Springer, 2021Edition: 1st ed. 2021Description: 1 Online-Ressource (VII, 142 p. 4 illus., 1 illus. in color.)ISBN:

9783030657529

Subject(s):

Additional physical formats: 9783030657512 | 9783030657536 | 9783030657543 | Erscheint auch als: 9783030657512 Druck-Ausgabe | Erscheint auch als: 9783030657536 Druck-Ausgabe | Erscheint auch als: 9783030657543 Druck-Ausgabe | Erscheint auch als: Financial strategies for distressed companies. Druck-Ausgabe Cham : Springer, 2021. vii, 142 SeitenDOI: DOI: 10.1007/978-3-030-65752-9Online resources:

Summary: Introduction -- Financial strategies and the role of corporate governance in complexity -- The role of financial strategy in firms: financing and investment decisions -- Corporate crises and strategic recovery -- The recovery plan as a strategic-informative tool between needs and opportunities -- Conclusions.Summary: The financial markets have undergone a significant development process, both qualitatively and quantitatively, and partly induced by major pushes for globalization and deregulation. In this context, finance has taken on an increasingly central role for companies and is now on par with production and sales, which have always been the cornerstones of business management. The effects of these structural and functional changes are not limited to the way companies operate, but also imply a change in corporate cultures; one consequence of this phenomenon is the large percentage of managers from the world of finance at the top tiers of corporate organizations. Moreover, environmental turbulence has forced companies to increasingly face negative situations characterized by economic and financial imbalances that may require far-reaching strategic changes. The purpose of this book, therefore, is to investigate the possible financial strategies that companies in distress can adopt; in this regard, it approaches financial strategies as opportunities to resolve and prevent difficult situations for the company. After having systematized the financial strategies and policies used in the governance of companies, the book analyzes both crises and turnaround processes, describing the path until the financial balance is restored. Finally, the authors analyze essential tools for the financial management of companies in trouble, focusing in particular on operational tools for managing the crisis, the recovery plan, and its monitoring.PPN: PPN: 175001257XPackage identifier: Produktsigel: ZDB-2-BUM | ZDB-2-SEB | ZDB-2-SXBM

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