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Economic Analysis: Theory and Practice
 

Methodological approach to definition of category «financial restructuring»

Vol. 8, Iss. 31, NOVEMBER 2009

Available online: 24 November 2009

Subject Heading: Financial management

JEL Classification: 

Salpagarov M.A. Graduate Department of finance and industrial economy, Russian Academy of public service
mur-1@mail.ru

The paper deals with a «financial restructuring» category, which currently has no methodological justification limiting it to a procedure in the context of bankruptcy. Major theoretical approaches to the concept of «financial restructuring» of enterprises are specified: legal, financial, economic, psychological, structural and technological. That a change in the conceptual framework determining financial and economic content of the financial recovery will reduce the number of unprofitable enterprise, is proved.

Keywords: financе, restructuring, bankruptcy, insolvency, reorganization

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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