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Critical elements for decision making in business rescue plans

Dissertation (MCom)--University of Pretoria, 2014

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Other Authors: Pretorius, Marius
Format: Thesis
Language:English
Published: University of Pretoria 2015
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access_status_str Open Access
author2 Pretorius, Marius
author_browse Pretorius, Marius
author_facet Pretorius, Marius
collection Thesis
dc_rights_str_mv © 2014 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 (MCom)--University of Pretoria, 2014
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:27.509Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2015
publishDateRange 2015
publishDateSort 2015
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:2263/43551 Critical elements for decision making in business rescue plans Pretorius, Marius wesley.rs@live.co.za Rosslyn-Smith, Wesley John Business rescue Companies Act Business plans Measurement Insolvency Turnaround Reorganisation UCTD Dissertation (MCom)--University of Pretoria, 2014 Background: A business rescue plan has to comply with a new and vague set of obligations regulated by South African legislation. Expectations of the plan are largely unknown, yet crucial in determining compliance. Establishing an effective benchmark for the plan is essential for the growth and success of the industry. Purpose: The study set out to answer these questions: What are the most crucial elements needed to fill the gap between the specifics of the Companies Act (2008) and the further elements needed to meet the plan’s primary objective of providing adequate information to stakeholders? What are the international principles applicable to rehabilitation plans and what elements underpin them? Method: Thirteen industry experts were selected and interviewed to identify the most crucial elements of the business rescue plan. Sampling was a combination of convenience and purposive sampling. Data collection obtained data on subjects’ opinions, rankings, agreement and ratings. Results: The study was able to confirm that there is indeed a gap between the mandatory elements prescribed in section 150(2) and the provision of sufficient information required by section 150(1) of the Companies Act No. 71 of 2008. The survey revealed that in the subjects’ expert opinion, the international principles are applicable to the business rescue plan. Conclusion: The crucial elements of the rehabilitation plan selected by the experts offer insight and clarity in terms of what is expected of the plan. gm2015 Business Management MCom Unrestricted 2015-02-05T10:22:02Z 2015-02-05T10:22:02Z 2014-09-04 2014 Dissertation Rosslyn-Smith, WJ 2014, Critical elements for decision making in business rescue plans, MCom Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/43551> M14/9/322/gm http://hdl.handle.net/2263/43551 en © 2014 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 Business rescue
Companies Act
Business plans
Measurement
Insolvency
Turnaround
Reorganisation
UCTD
Critical elements for decision making in business rescue plans
title Critical elements for decision making in business rescue plans
title_full Critical elements for decision making in business rescue plans
title_fullStr Critical elements for decision making in business rescue plans
title_full_unstemmed Critical elements for decision making in business rescue plans
title_short Critical elements for decision making in business rescue plans
title_sort critical elements for decision making in business rescue plans
topic Business rescue
Companies Act
Business plans
Measurement
Insolvency
Turnaround
Reorganisation
UCTD
url http://hdl.handle.net/2263/43551