Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans
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| Format: | Artículo científico |
| Language: | en |
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Associação Nacional de Pós-Graduação e Pesquisa em Administração
2019
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| _version_ | 1876473033598697472 |
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| author | Guilherme Fowler A. Monteiro |
| author_facet | Guilherme Fowler A. Monteiro |
| contents | Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans Guilherme Fowler A. Monteiro Silvia Morales de Q. Caleman Leandro S. Pongeluppe Administración y Contabilidad strategy Business failure reorganization plan bankruptcy protection 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. 2019 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84162832002 https://www.redalyc.org/journal/841/84162832002/ https://www.redalyc.org/journal/841/84162832002/html/ https://www.redalyc.org/journal/841/84162832002/84162832002.epub https://www.redalyc.org/journal/841/84162832002/movil 10.1590/1807-7692bar2019190072 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.4 Vol.16 |
| format | Artículo científico |
| id | redalyc_84162832002 |
| institution | Redalyc |
| language | en |
| publishDate | 2019 |
| publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração |
| spellingShingle | Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans Guilherme Fowler A. Monteiro Administración y Contabilidad strategy Business failure reorganization plan bankruptcy protection Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans Guilherme Fowler A. Monteiro Silvia Morales de Q. Caleman Leandro S. Pongeluppe Administración y Contabilidad strategy Business failure reorganization plan bankruptcy protection 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. 2019 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84162832002 https://www.redalyc.org/journal/841/84162832002/ https://www.redalyc.org/journal/841/84162832002/html/ https://www.redalyc.org/journal/841/84162832002/84162832002.epub https://www.redalyc.org/journal/841/84162832002/movil 10.1590/1807-7692bar2019190072 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.4 Vol.16 |
| title | Firm Performance and the Strategic Components of Bankruptcy Reorganization Plans |
| topic | Administración y Contabilidad strategy Business failure reorganization plan bankruptcy protection |
| url | https://www.redalyc.org/articulo.oa?id=84162832002 https://www.redalyc.org/journal/841/84162832002/ https://www.redalyc.org/journal/841/84162832002/html/ https://www.redalyc.org/journal/841/84162832002/84162832002.epub https://www.redalyc.org/journal/841/84162832002/movil |