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Turnaround determinants of distressed firms funded by industrial development corporation
Dissertation (MBA)--University of Pretoria, 2010.
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| Format: | Thesis |
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University of Pretoria
2013
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| _version_ | 1867613617199775744 |
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| access_status_str | Open Access |
| author2 | Sing, Linda |
| author_browse | Sing, Linda |
| author_facet | Sing, Linda |
| collection | Thesis |
| dc_rights_str_mv | © 2010, 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 Pretori |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/24697 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:38:59.552Z |
| 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 |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/24697 Turnaround determinants of distressed firms funded by industrial development corporation Sing, Linda ichelp@gibs.co.za Makgeta, Malose UCTD Turnarounds Financial distress Restructuring Dissertation (MBA)--University of Pretoria, 2010. The study examines six factors identified by previous studies as having the potential to influence the outcome of turnarounds of firms. The six factors identified are efficiency strategy, severity, free assets, size, changes on the top management and black economic empowerment (BEE). This study is based on the propositions that the identified factors will influence the turnaround outcomes of the firms that were restructured by the Industrial Development Corporation. A sample of 78 firms was obtained for the study. The sample consisted of 46 successful turnaround and 31 failed turnaround. Logistic regression was used to test the sample. A significant finding of this study is that BEE is the only factor that has a positive influence on the outcome of the turnaround. This study is of use in identifying factors are useful to take into account when considering turning around a firm. The results of the study differ with most of the literature reviewed. Copyright Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T18:10:19Z 2011-05-20 2013-09-06T18:10:19Z 2010-12-13 2010 2011-05-15 Dissertation Makgeta, M 2010, Turnaround determinants of distressed firms funded by industrial development corporation, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/24697 > F11/236/ag http://hdl.handle.net/2263/24697 http://upetd.up.ac.za/thesis/available/etd-05152011-110041/ © 2010, 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 Pretori application/pdf University of Pretoria |
| spellingShingle | UCTD Turnarounds Financial distress Restructuring Turnaround determinants of distressed firms funded by industrial development corporation |
| title | Turnaround determinants of distressed firms funded by industrial development corporation |
| title_full | Turnaround determinants of distressed firms funded by industrial development corporation |
| title_fullStr | Turnaround determinants of distressed firms funded by industrial development corporation |
| title_full_unstemmed | Turnaround determinants of distressed firms funded by industrial development corporation |
| title_short | Turnaround determinants of distressed firms funded by industrial development corporation |
| title_sort | turnaround determinants of distressed firms funded by industrial development corporation |
| topic | UCTD Turnarounds Financial distress Restructuring |
| url | http://hdl.handle.net/2263/24697 http://upetd.up.ac.za/thesis/available/etd-05152011-110041/ |