Index
Alberto Tron Dr
(Bocconi University, Italy)
ISBN: 978-1-83982-981-9, eISBN: 978-1-83982-980-2
Publication date: 21 January 2021
This content is currently only available as a PDF
Citation
Tron, A. (2021), "Index", Corporate Financial Distress, Emerald Publishing Limited, Leeds, pp. 161-163. https://doi.org/10.1108/978-1-83982-980-220211008
Publisher
:Emerald Publishing Limited
Copyright © 2021 Emerald Publishing Limited
INDEX
Administrative systems
, 82–84
Alpha Group
causes
, 105–109
commercial objectives
, 118–119
customer segments
, 104
distribution channel
, 103
economic objectives
, 118–119
elements
, 102
endogenous causes
, 107–109
equity objectives
, 118–119
exogenous causes
, 105–107
financial crisis situation
, 118
financial intervention
, 114–118
financial objectives
, 118–119
financial/strategic recovery plan
, 109–114
market dimensions
, 104
prospective financial balance
, 128–134
recovery phase performance
, 119–128
reference market
, 102–105
reference target
, 103
value creation
, 136
Balance sheet
, 48
Banking Agreement
, 130
Bankruptcy prediction
administrative systems
, 82–84
Bocconi University
, 88–94
business administrative systems (BAS)
, 81–88
cash flows predictive ability
, 94–97
cash flow statements
, 70
company recovery
, 68–69
company stakeholders
, 67
corporate crises
, 79–81
data source
, 94–95
extrajudicial renegotiation
, 79
IAS/IFRS situation
, 77
Italian listed companies
, 73–78
Observatory on Corporate Crisis (OCI)
, 81
operating cash flow (OCF)
, 75–77
Parthenope University
, 88–94
procedures
, 29
regression model
, 92, 95
reorganisation strategies
, 82–84
Spearman’s analysis
, 73
theoretical/empirical research work
, 68–69
University of Pisa
, 69–73
variable description
, 86–87
Z-Score model
, 68
Beta’s business model
, 110
Bocconi University
, 88–94
Bridge finance
, 47
Business administrative systems (BAS)
, 81–88
Business distress
, 11–23
Business model
, 27
Business planning process
, 44
Business turnaround plan
, 43–50
Cash flows predictive ability
, 94–97
Cash flow statements
, 70
Chief Restructuring Officer (CRO)
, 57
Company pathologies
, 7
Company value, recovery plans
balance sheet
, 48
business model
, 27
business planning process
, 44
business turnaround plan
, 43–50
cash-based approaches
, 40
CNDCEC
, 32–37
completeness principle
, 34
continuity
, 28
debt rescheduling
, 47
feasibility
, 32–37
financial restructuring
, 47
financial situation analysis
, 49
forecast income statement
, 47–48
Italian Stock Exchange
, 33
liquidity statement
, 49
managerial intervention
, 38–39
neutrality principle
, 34
restructuring
, 25
self-realisation
, 27
transparency
, 34
turnaround strategy
, 37–43
Contingency
, 65
Corporate financial distress
crisis factors
, 7–10
crisis path
, 6
crisis stages
, 5, 6
definition
, 1, 4–7
external causes
, 9–10
governance
, 7–10
Guatri’s approach
, 5
handling
, 7–10
holistic vision
, 9–10
identification
, 7–10
inefficiency crisis
, 8
innovation
, 9
internal causes
, 8–9
optimal capital structure
, 1
overcapacity crisis
, 9
planning
, 9
product-related crisis
, 9
time factor
, 7–8
Corporate governance activities
, 22
COVID-19 pandemic effects
, 25
Data processing
, 7
Debt rescheduling
, 47
Delta-KPI
, 63
Delta-Performance scheme
, 61
Deployment action plan
, 62–63
EBITDA
, 43, 61, 80, 122, 124
Economic balance
, 11
External communication phase
, 53
Extrajudicial renegotiation
, 31, 79
Financial equilibrium
assessment
, 22–23
capital balance
, 11
complementarity
, 14–17
constant variability
, 11–14
convenient financial structure
, 18–22
coverage methods
, 16
economic balance
, 11
financial balance
, 11
financial requirements
, 11–14
interdependence
, 14–17
short-term financial equilibrium
, 23
Financial restructuring
, 47
Financial situation analysis
, 49
Financial/strategic recovery plan
, 109–114
Forecast income statement
, 47–48
Insolvency management system
, 28–29
Internal operations
, 36–37
Italian listed companies
, 73–78
Italian Stock Exchange
, 32, 33
KPI scorecard monitoring
, 59
Liquidity statement
, 49
Net financial position
, 124
Observatory on Corporate Crisis (OCI)
, 81
Operating cash flow (OCF)
, 75–77
Ordinary Redundancy Fund
, 37
Organisational balance
, 11
Organisational infrastructure
, 57–58
Organisational recovery
, 56–60
Organisational redesign
, 56
Out-of-court agreement
, 30
Parthenope University
, 88–94
Prospective financial balance
, 128–134
Recovery Business Plan (RBP)
, 52, 64–66
Recovery phase performance
, 119–128
Recovery project
Chief Restructuring Officer (CRO)
, 57
Delta-Performance scheme
, 61
deployment action plan
, 62–63
development
, 53
external communication phase
, 53
feasibility
, 60–63
macro phase
, 51
monitoring framework
, 65
organisational change
, 58
organisational infrastructure
, 57–58
organisational leadership
, 58
organisational recovery
, 56–60
Recovery Business Plan (RBP)
, 52, 64–66
sensitivity analysis
, 62
Reduced/cancelled liabilities
, 26
Reference market
, 102–105
Regression model
, 92, 95
Reorganisation strategies
, 82–84
Satisfactory profitability
, 21–22
Self-financing
, 23
Sensitivity analysis
, 62, 133
Short-term financial equilibrium
, 23
Spearman’s analysis
, 73
University of Pisa
, 69–73
Value creation
, 136
Variable description
, 86–87
Z-Score model
, 68
- Prelims
- Chapter 1 Corporate Distress and Financial Equilibrium: Genesis and Prognosis
- Chapter 2 Corporate Recovery Plans between Value Protection and Management Turnaround
- Chapter 3 Financial and Operational Business Turnarounds: Execution and Monitoring Complexity
- Chapter 4 Common Characteristics of Firms in Financial Distress and Prediction of Bankruptcy or Recovery: An Empirical Research Carried out in Italy
- Chapter 5 Business Case: The Financial Restructuring of the ‘Alpha’ Group (2013–2015)
- References
- Index