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1

CHANGES IN THE EMPLOYMENT AND INCENTIVE SCHEME AS ELEMENTS OF CORPORATE RESTRUCTURING BASED ON THE EXAMPLE OF PKP CARGO

100%
Piotrowska A.
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
|
2016
|
issue 3
69-86
EN
The paper presents an example of restructuring in the area of employment and incentive scheme, which was conducted in one of the Polish companies operating in the transport industry. It shows the changes in the remuneration system, the level and structure of employment, and their impact on labour productivity and financial results of the analyzed entity.The analysis was conducted as a case study using data included in annual reports of the audited company. The aim of the paper is to draw the reader’s attention to the significance of controlling labour costs in the process of a company’s management.
2

The Challenges Of Defining And Implementing Corporate Restructuring Programs

75%
Stošić I.
Economic Themes
|
2014
|
vol. 52
|
issue 2
139-153
EN
The main objective of this paper is to present problems which get in the way of the implementation of planned structural changes brought about by restructuring. This is a very complex matter and a problem which currently troubles Serbia, considering the large number of enterprises which need to be restructured. As opposed to the practice of most developed countries, and even some transitional countries, with intense restructuring processes, these processes have been rather slow in Serbia. However, restructuring is becoming inevitable for a significant number of domestic enterprises. In some enterprises, restructuring needs to be implemented through the bankruptcy and liquidation procedure since there really are no grounds that support their assistance in the form of subsidies, which will indefinitely prolong their unprofitable operations without any chance for success in the market. Still, enterprises with a chance for success in the market can go a long way with the help of aggressive restructuring. With this in mind, the paper outlines some directions for development of corporate restructuring implementation plans.
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