The STUDIA UNIVERSITATIS BABE┼×-BOLYAI issue article summary

The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name.

 
       
         
    STUDIA OECONOMICA - Issue no. 1 / 2006  
         
  Article:   CORPORATE RESTRUCTURING AND CONTROLLING INTEREST.

Authors:  ANDREJ BERTONCELJ.
 
       
         
  Abstract:  Value enhancement can be achieved by a forced change of incompetent management in corporate reshuffling and in acquisitions of poorly run companies. Performance improvements can be greater and more of an embedded value can be unlocked in poorly managed companies than in good ones. Free cash flow value drivers have to be determined through comprehensive business analysis and the value of control estimated by applying the discounted cash flow method. In acquisitions, buying a minority interest differs substantially from buying a controlling interest. Normally, controlling interest replaces incumbent management and implements new management policies in order to restructure a company and create additional value.

Keywords: corporate restructuring, controlling interest
 
         
     
         
         
      Back to previous page