Categorization of instruments used in turnaround processes under conditions of financial distress

• Authors: Porada-Rochoń Małgorzata , Franc-Dąbrowska Justyna

Title variants

PL

Kategoryzacja instrumentarium wykorzystywanego w procesach dostosowawczych w warunkach zaburzeń finansowych

• Languages of publication: EN

Abstracts

EN

The objective of this article was to analyze and categorize the instruments implemented by enterprises recognized as being financially distressed, used in response to such distress. The instruments were implemented in the turnaround process. In order to achieve the research objective, the following research hypothesis was verified: depending on the size of the enterprise (small or medium), various instruments are assessed as being effective and thus they can be subjected to the categorization process. The study encompassed a total of 259 small and 138 medium-sized enterprises from Poland, the Czech Republic, Slovakia, Hungary, Romania and Ukraine.

Keywords

EN

financial distress; small and medium enterprises; turnaround process

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Nauki o Finansach
• Year: 2015
• Issue: 4(25)
• Pages: 102-110

Contributors

author

Porada-Rochoń Małgorzata

author

Franc-Dąbrowska Justyna

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