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Item Details
Title: CORPORATE RESTRUCTURING
MANAGING THE CHANGE PROCESS FROM WITHIN
By: Gordon Donaldson
Format: Hardback

List price: £27.00


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ISBN 10: 0875843395
ISBN 13: 9780875843391
Publisher: HARVARD BUSINESS REVIEW PRESS
Pub. date: 1 February, 1994
Pages: 240
Description: 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.
Synopsis: "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.
Publication: US
Imprint: Harvard Business Review Press
Returns: Non-returnable
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