Turnaround determinants of distressed firms funded by industrial development corporation

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dc.contributor.advisor Sing, Linda en
dc.contributor.postgraduate Makgeta, Malose en
dc.date.accessioned 2013-09-06T18:10:19Z
dc.date.available 2011-05-20 en
dc.date.available 2013-09-06T18:10:19Z
dc.date.created 2010-12-13 en
dc.date.issued 2010 en
dc.date.submitted 2011-05-15 en
dc.description Dissertation (MBA)--University of Pretoria, 2010. en
dc.description.abstract The study examines six factors identified by previous studies as having the potential to influence the outcome of turnarounds of firms. The six factors identified are efficiency strategy, severity, free assets, size, changes on the top management and black economic empowerment (BEE). This study is based on the propositions that the identified factors will influence the turnaround outcomes of the firms that were restructured by the Industrial Development Corporation. A sample of 78 firms was obtained for the study. The sample consisted of 46 successful turnaround and 31 failed turnaround. Logistic regression was used to test the sample. A significant finding of this study is that BEE is the only factor that has a positive influence on the outcome of the turnaround. This study is of use in identifying factors are useful to take into account when considering turning around a firm. The results of the study differ with most of the literature reviewed. Copyright en
dc.description.availability unrestricted en
dc.description.department Gordon Institute of Business Science (GIBS) en
dc.identifier.citation Makgeta, M 2010, Turnaround determinants of distressed firms funded by industrial development corporation, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/24697 > en
dc.identifier.other F11/236/ag en
dc.identifier.upetdurl http://upetd.up.ac.za/thesis/available/etd-05152011-110041/ en
dc.identifier.uri http://hdl.handle.net/2263/24697
dc.language.iso en
dc.publisher University of Pretoria en_ZA
dc.rights © 2010, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretori en
dc.subject UCTD en_US
dc.subject Turnarounds en
dc.subject Financial distress en
dc.subject Restructuring en
dc.title Turnaround determinants of distressed firms funded by industrial development corporation en
dc.type Dissertation en


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