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CORPORATE RESTRUCTURING AND THE U. S. ECONOMY: A VIEWPOINT

Abbass F. Alkhafaji (Professor of Management at Slippery Rock University)

International Journal of Commerce and Management

ISSN: 1056-9219

Article publication date: 1 January 1992

409

Abstract

During the past decade Wall Street practitioners devised various methods for converting undervalued corporate shares into instant wealth. Their tactics, however, have had highly negative consequences for a number of companies. Many companies have, in fact, restructured with substantial debt with severe operational consequences. The purpose of this paper is to examine the reasoning behind such a boom in the hostile takeover activities. It will discuss the importance and implications of restructuring, causes for corporate hostile takeovers and the defense strategies that effectively resist external acquisition.

Citation

Alkhafaji, A.F. (1992), "CORPORATE RESTRUCTURING AND THE U. S. ECONOMY: A VIEWPOINT", International Journal of Commerce and Management, Vol. 2 No. 1/2, pp. 28-42. https://doi.org/10.1108/eb060303

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited

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