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Browsing Research Articles (Business Management) by Subject "Business rescue"
Now showing items 1-16 of 16
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(AOSIS Open Journals, 2019-02-21)BACKGROUND : Delay in cognition by management is likely to see a firm’s distress worsening and the turnaround potential of a firm eroded. This inertia and resistance to change are further likely to result in antecedents ...
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(Department of Economics, University of Pretoria, 2013)ORIENTATION : Business rescue has become a critical part of business strategy decision making, especially during economic downturns and recessions. Past legislation has generally supported creditor-friendly regimes, and ...
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(Department of Business Management, University of Pretoria & Academic Entrepreneurship Society of South Africa (AcES), 2013)Since its introduction, business rescue has become a critical consideration in business strategy decision making. One of the critical components of business rescue, which appears largely unsuccessful to date, involves ...
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(University of Pretoria, Department of Economics, 2016)Tension often arises when Chapter 6 business rescue practitioners (BRPs) are appointed by directors to rescue their distressed businesses. Regulating by means of standard agency contracting becomes irrelevant in the ...
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(Emerald, 2024-02)PURPOSE : Business rescue, as a mechanism to aid financially distressed companies in South Africa, has received considerable academic and practical recognition. However, the business rescue plan is an overlooked and, ...
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(College of Economic and Management Sciences, University of South Africa, 2014)Preliminary analysis of business rescue plans suggested that a signifi cant contrast exists between international reorganisational plans and those being published under the newly formed business rescue regime in South ...
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(AOSIS OpenJournals, 2017-04-01)ORIENTATION : Currently, little is known about entrepreneurial learning under turnaround and rescue conditions. A better understanding of the content dimensions as well as the factors that drive or restrain entrepreneurial ...
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(NISC Pty (Ltd) and Informa Limited (trading as Taylor & Francis Group), 2020)It may be argued that the indirect costs of financial distress are substantially higher than the direct costs. Consequently, indirect costs of participating in a formal turnaround may hinder the success of a reorganisation ...
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(AOSIS, 2023-08)BACKGROUND : Practice has shown that decision-makers experience various tensions during a business rescue event, which adds to the complexity of their decision-making. Even though business rescue has been operational for ...
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(Department of Business Management, University of Pretoria & Academic Entrepreneurship Society of South Africa (AcES), 2013)PURPOSE: to study the level of knowledge and awareness of business rescue of entrepreneurs who are potential creditors of businesses filing for rescue, and to identify the major issues and concerns from the creditors’ ...
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(AOSIS, 2022-10-17)ORIENTATION : To resuscitate financially distressed companies in South Africa, business rescue as introduced through the enactment of Chapter 6 of the Companies Act 71 of 2008 requires the business rescue practitioners ...
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(Unisa Press, 2017)This study aims to explore the operating environment of pre-packaged financing in various established reorganisation regimes, including the legal framework, practice, enablers, context and other governing structures. ...
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(Prof. Ansie Lessing, 2018)BACKGROUND : Business rescue practitioners (BRPs) need to play certain personal and professional roles as business rescue practitioners, as well as in their own careers apart from business rescue. It is evident that ...
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(Inderscience, 2018-06)Stakeholder salience, conflict and prioritisation are important for directing decision-making. Entering a turnaround situation or business rescue (following distress) affects who and what may be important to decision-makers. ...
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(University of Pretoria, Department of Business Management & Academic Entrepreneurship Society of South Africa (AcES), 2015)BACKGROUND : A business rescue plan has to comply with a new and vague set of obligations regulated by South African legislation. Expectations of the plan are largely unknown, yet crucial in determining compliance. ...
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(University of South Africa, 2013)A business rescue practitioner’s (BRP) tasks are complex, vaguely stated and involve a wide range of competencies not accessible to the average business person. Details about what exactly BRPs do during a rescue need ...
Now showing items 1-16 of 16