Corporate Restructuring by Gordon Donaldson

Corporate Restructuring by Gordon Donaldson

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Summary

Examines the impact of financial restructuring on corporate priorities and performance. This book views that many companies have successfully restructured voluntarily. It draws on field studies, with examinations of General Mills, Burlington Northern, and CPC International, to show how firms have effected change through an internal discipline.

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Corporate Restructuring by Gordon Donaldson

"Corporate Restructuring" examines the impact of financial restructuring on corporate priorities and performance. Countering the notion that an actual or threatened hostile takeover is needed to induce managers to restructure their firms, Donaldson claims that many companies have successfully restructured voluntarily. Drawing on a series of field studies and close examinations of three companies - General Mills, Burlington Northern, and CPC International - Donaldson shows how firms have implemented radical change through an internal discipline. The factual evidence demonstrates why and how voluntary restructuring works just as well - indeed better - than hostile takeovers, without the trauma of external intervention and disruption to day-to-day operations. Challenging many assumptions of current financial literature on how firms achieve increased efficiency, this book is bound to provoke controversy.
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SKU Unavailable
ISBN 13 9780875843391
ISBN 10 0875843395
Title Corporate Restructuring
Author Gordon Donaldson
Condition Unavailable
Publisher Harvard Business Review Press
Year published 1994-02-01
Number of pages 240
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable