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Finance and Credit
 

Peculiarities of business restructuring by means of shares

Vol. 24, Iss. 9, SEPTEMBER 2018

PDF  Article PDF Version

Received: 8 November 2017

Received in revised form: 2 July 2018

Accepted: 31 August 2018

Available online: 28 September 2018

Subject Heading: BUSINESS VALUE

JEL Classification: G32, G34

Pages: 2249–2260

https://doi.org/10.24891/fc.24.9.2249

Ermolaeva O.V. Financial University under Government of Russian Federation, Moscow, Russian Federation
ermolaevabmf@mail.ru

ORCID id: not available

Subject The article deals with the issues related to business restructuring and various methods based on splitting the company's assets.
Objectives The article aims to identify the specifics of the implementation of various strategies for business diversification and give a theoretical assessment of the feasibility of restructuring the company through corporate spin-off and equity carve-out types of corporate reorganization.
Methods For the study, I used a theoretical analysis and generalization of scientific literature concerning the structural analysis of the realization of transactions on stock transfer and allotment.
Results The article reveals the fundamental characteristics of the restructuring and formulates their main advantages and problems. Also, the article statistically assesses the current and prospective state of the market.
Conclusions Mergers and acquisitions are ones of the ways to improve the competitive position of a particular company in the market and achieve the desired results. The market of transactions on equity transfer and allotment keeps on growing and will continue to ascend. Companies share their capital to increase the operational efficiency and focus on their business matter.

Keywords: capital split, carve-out of shares, internal reorganization, divestment, stock transfer

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