corporate restructuring

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Corporate restructuring

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


The act or process of changing the terms on the assets and/or liabilities of a company. That is, a company may consolidate its debts, significantly change the size and scope of its operations, and take other measures to reduce the strain of continuing operation. Most companies restructure either as part of a bankruptcy or as an effort to avoid it. If the company is restructuring as part of a corporate bankruptcy, it is said to be in receivership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

corporate restructuring

  1. a change in a firm's STRATEGIC DIRECTION involving, for example, its expansion into new business activities (see DIVERSIFICATION) and its withdrawal from some existing activities (see DIVESTMENT).
  2. a change in a firm's internal ORGANIZATION involving, for example, the replacement of a highly centralized decision-making structure by one based on individual STRATEGIC BUSINESS UNITS. See ORGANIZATIONAL STRUCTURE, BUSINESS PROCESS RE-ENGINEERING.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
This article describes several of the major policy issues concerning corporate restructuring, with an emphasis on the issues in securities regulation that these transactions have raised.
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Corporate restructuring by Algoma's European joint venture partner, SIAG (Schaaf Industries Corporation), has lead the steelmaker to prepare a "contingency plan" to search for alternative partners to build the $35-million facility.
The head of the Luxembourg government, Jean-Claude Juncker, on his part, is questioning hostile takeovers as an instrument for corporate restructuring in the European Union altogether.
Dan-Web A/S has completed a corporate restructuring following a period of low order intake that the company attributes to excess capacity in the global airlaid industry.
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In this sense, imports manufactured in China may provide an important fillip to corporate restructuring and boosting competitiveness.
This year's day at the Sam Houston Race Park, a division of Maxxam, will address an overview of its corporate restructuring and a discussion of the overall gaming industry.
said the pace of Japanese corporate restructuring has been accelerating since September 2001 as the economy deteriorates and more firms are forced to push through structural reforms.

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