The scope and effects of restructuring and value creation of production companies
DOI:
https://doi.org/10.52934/wpz.73Keywords:
restructuring, value creation, effectiveness, corporate governanceAbstract
An assessment of restructuring activities can be viewed from the perspective of the scope, impact and character of the obtained effects. One of its dimensions is the verification of company value creation. The value creation is the company’s quantifiable measure of its growth, being a measurement criterion for assessing the effectiveness of the company. The assessment of effects of the restructuring (the subject of the research) of production companies (the entity of the research – over 16 thousand) was based in the paper on the four leading areas of change: capital intensity of sales revenue, asset productivity, asset and capital structure, and renewal of fixed assets. The measurement of value creation was based on relative measures – equity rate of return and value added ratio. The assessment of these processes (their co–existence) was conducting for long time series (1990–2014).
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