OBJECTIVES Most research on the negative impact of restructuring on employees' health considers restructuring involving personnel reduction. The aim of this study was to explore the assumption that the type of restructuring, business expansion versus restructuring not involving expansion (only reductions and/or change of ownership), influences its psychological responses: appraisal of the chang...

Restructuring  is relevant for companies that have free capital and need to expand for development purposes, as well as for companies that have relatively large problems with financial results and the relevant indicators indicate the necessary changes. Motives of the restructuring may be different, the authors put forward the following reasons: operation operational synergy, financial synergy, ...

The main goal of the paper is to present the characteristics of business renovation efforts and readiness for electronic business (e-business) in Slovenia and Croatia. Renovation is presented as the highest level of strategy for managing change that commonly cannot be handled by continuous improvement and reengineering methods or organizational restructuring. This framework is expanded to e-bus...

We investigate whether controlling shareholders expropriate corporate resources during a financial crisis using the data of Thai firms. Our results are consistent with the argument of Friedman, Johnson, and Mitton (2003) that the propensity to tunnel and prop is higher for business groups in particular if they are organized in pyramids. Specifically, we find that firms that belong to the top 30...

My thesis examines the operating performance and financial statement disclosures of firms that restructure their business strategy, structure or operations and, as a result, record restructuring charges in their financial statements. Chapter One examines three questions related to corporate restructuring and firm performance. First, do firms that take restructuring charges experience improvemen...

This contribution examines companies’ and public-sector organisations’ external restructuring processes, with consideration of emerging or lengthening value chains and network relationships in the service sector. Focusing on three business functions – software development in the IT industry, R&D in the IT industry and IT services for public-sector organisations – the paper describes the types o...

A healthcare organization's efforts to strategically transform its cost structure in preparation for value-based payment invariably must begin with a systemwide assessment of cost and quality. Such an assessment should focus on three categories of performance improvement activities: margin improvement, business restructuring, and clinical transformation. A work-team approach is recommended, whe...

One of the most important things in restructuring current system is to clarify business specification which are implemented in the current system Reverse engineering technology, which extracts reusable business specification from a system, is very effective for this purpose. We have developed DORE (Data Oriented ReEngineering), a re-engineering methodology for system restructuring, and tools th...

This paper explores the feature of business cycle across breaks in Taiwan and Korea. We employed tests devised by Bai and Perron (2003) to show that, for Taiwan’s business cycle, two breaks are present. In contrast, one break is revealed in the economic restructuring process in Korea. Moreover, the feature of business cycle process across breaks is congruent with the real business cycle theory.