Success and failure in turnaround attempts (Record no. 41542)

000 -LEADER
fixed length control field 01743nab a22001817a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 160615b2014 xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Collett, Nicholas
245 ## - TITLE STATEMENT
Title Success and failure in turnaround attempts
Statement of responsibility, etc. An analysis of SMEs within the Finnish Restructuring of Ente
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2014
300 ## - PHYSICAL DESCRIPTION
Extent 123-141
520 ## - SUMMARY, ETC.
Summary, etc. This study focuses on the success and failure of small- and medium-sized enterprises (SMEs) attempting turnaround within Finland's Restructuring of Enterprises Act. In doing so, it aims to shed light on (1) how successful and unsuccessful SME turnarounds differ and (2) the effectiveness of the Finnish regime in promoting SME recovery. A preliminary review of the turnaround literature revealed 23 decline and recovery variables. Data on these variables were collected via a questionnaire sent to the administrators of failing SMEs that entered restructuring. Data from the sample of 228 returns were subjected to factor and logit analysis. The factor analysis finds four decline categories: poor management, high debt in adverse macroeconomy, an adverse microeconomic environment and one-off causes of decline. It also finds three recovery action categories: management change and cash generation, market reorientation and cost-cutting and retrenchment. The logit analysis finds that one-off causes of decline, management change and cash generation and cost-cutting and retrenchment are more important in successful turnarounds and that poor management and an adverse microeconomic environment...
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Smes
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Small And Medium-Sized Enterprises
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Finland
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Restructuring
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Turnaround
773 ## - HOST ITEM ENTRY
Main entry heading Entrepreneurship & Regional Development
Place, publisher, and date of publication January
Holdings
Withdrawn status Lost status Damaged status Not for loan Permanent Location Current Location Date acquired Serial Enumeration / chronology Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        Ahmedabad (HO) Ahmedabad (HO) 21/06/2016 Vol. 26, Issue. 1-2   018009 21/06/2016 21/06/2016 Articles

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