Restructuring Corporate America

Authors

John J. Clark
John Gerlach, Sacred Heart UniversityFollow
Gerard Olson

Document Type

Book

Publication Date

1996

Abstract

Mergers and acquisitions aren't the only path to restructuring. A broad array of restructuring options are available to management, on a national and international basis. Restructuring Corporate America is appropriate for such courses as mergers and acquisitions, financial management, restructuring, financial strategy, and long-term financing, as well as professional seminars. The text takes a broader view of restructuring, acknowledging that in advanced industrial states, voluntary restructuring takes such diverse forms as refinancing, management realignment, LBOs, ESOPs, and involuntary reorganization (bankruptcy). Reorganization may also blend types of restructuring, this requiring a close examination of goals, strategy, and tactics. The book focuses on the prerequisites of a well-conceived restructuring strategy. Over the course of its life, a firm will either periodically restructure or fail to survive. Each chapter ends with questions and a case study based on real companies and events, designed to stimulate thinking on the pros and cons of different restructuring strategies and tactics.

Comments

ISBN 9780030976674

Recommended Citation

Clark, J. J., Gerlach, J. T., & Olson, G. (1996). Restructuring corporate America. Dryden Press.