Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans



Título del documento: Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans
Revista: BAR - Brazilian Administration Review
Base de datos: CLASE
Número de sistema: 000494925
ISSN: 1807-7692
Autors: 1
2
3
Institucions: 1Instituto de Ensino e Pesquisa, Sao Paulo. Brasil
2Universidade Federal de Mato Grosso do Sul, Campo Grande, Mato Grosso do Sul. Brasil
3University of Toronto, Toronto, Ontario. Canadá
Any:
Volum: 16
Número: 4
País: Brasil
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés We investigate the influence of bankruptcy reorganization plans on the recovery of distressed firms. Using qualitative comparative analysis (QCA), specifically, we perform an in-depth investigation of a set of reorganization plans submitted by publicly traded companies in Brazil. We find that the improvement in firm performance is positively related to a good diagnosis of the factors causing the crisis, a clear definition of the firm’s resources, and a clear identification of the firm’s competitive strengths. We also find that the absence of a good industry analysis is a critical condition for a reorganization plan to fail. However, the explicit mentioning of the firm’s relevant market is negatively associated with the company’s uplifting in crisis. We discuss the theoretical and managerial implications of these findings
Disciplines Economía
Paraules clau: Condiciones económicas,
Banca,
Brasil,
Bancos,
Bancarrota,
Reorganización administrativa
Keyword: Economic conditions,
Banks,
Brazil,
Business failure,
Administrative reorganization,
Bankruptcy
Text complet: https://biblat.unam.mx/hevila/BARBrazilianadministrationreview/2019/vol16/no4/3.pdf Texto completo (Ver HTML) Texto completo (Ver PDF)