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Business rescue in South Africa : a critical review of the regulatory environment

Dissertation (MBA)--University of Pretoria, 2010.

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Other Authors: Jonker, Coenraad
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Jonker, Coenraad
author_browse Jonker, Coenraad
author_facet Jonker, Coenraad
collection Thesis
dc_rights_str_mv © 2004 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2010.
format Thesis
id oai:repository.up.ac.za:2263/23946
institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:37:03.713Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/23946 Business rescue in South Africa : a critical review of the regulatory environment Jonker, Coenraad upetd@up.ac.za Alberts, Marius UCTD Debt relief Dissertation (MBA)--University of Pretoria, 2010. <p.South Africa lacks an efficient regulatory environment that promotes business rescue. The fact that the introduction of a regulatory environment with modern business rescue principles will be a step forward in making South Africa more competitive and bringing it in line with the modern global economy makes the topic pertinent from both a political and business perspective.At the core of the current discourse regarding business rescue is a fundamental shift in the approach to insolvency, namely that a debtor-friendly approach will encourage early intervention in the affairs of a distressed company. Initiating a state of business rescue without a court order and entering into a moratorium with the resulting impact on the rights of creditors introduces a move towards a debtor-friendly approach. This move in turn presents the problem: What form should the local regulatory environment pertaining to entering a state of business rescue and the automatic take? This report examined international practices and local developments, and includes local research. It puts forward a proposal as to what the minimum requirements for initiating a state of business rescue and the moratorium in a new regulatory environment should be. A summary of the status quo in South Africa, with recommendations, is also presented. It also identifies areas for further research. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T16:13:03Z 2010-07-03 2013-09-06T16:13:03Z 2005-04-05 2010-07-03 2010-04-13 Dissertation Alberts, MN 2004, Business rescue in South Africa : a critical review of the regulatory environment , MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23946 > G10/317/ag http://hdl.handle.net/2263/23946 http://upetd.up.ac.za/thesis/available/etd-04132010-114906/ © 2004 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Debt relief
Business rescue in South Africa : a critical review of the regulatory environment
title Business rescue in South Africa : a critical review of the regulatory environment
title_full Business rescue in South Africa : a critical review of the regulatory environment
title_fullStr Business rescue in South Africa : a critical review of the regulatory environment
title_full_unstemmed Business rescue in South Africa : a critical review of the regulatory environment
title_short Business rescue in South Africa : a critical review of the regulatory environment
title_sort business rescue in south africa a critical review of the regulatory environment
topic UCTD
Debt relief
url http://hdl.handle.net/2263/23946
http://upetd.up.ac.za/thesis/available/etd-04132010-114906/