BNET Business Dictionary
Business Definition for: Corporate Restructuring
- a fundamental change in direction and strategy for an organization that affects the way in which the organization is structured. Corporate restructuring may involve increasing or decreasing the layers of personnel between the top and the bottom of an organization, or reassigning roles and responsibilities. Invariably, corporate restructuring has come to mean reorganizing after a period of unsatisfactory performance and poor results, and is often manifested in the divestment or closure of parts of the business and the outplacement, or shedding, of personnel. In this case, corporate restructuring is used as a euphemism for delayering, rationalization, downsizing, or rightsizing.
Additional Resources
- Valuing the Process of Corporate Restructuring
- This article study the process of corporate restructuring for a sample of 298 firms during the 1989-98 period that announces that they are considering restructuring alternatives. One finds that restructuring is a lengthy process, with the majority of the restructuring period occurring before any definitive proposals for corporate change....
- White papers 2001-05-01
- Corporate Restructuring
- The presentation is on corporate restructuring. It defines the impetus for restructuring such as: stock market includes activist shareholders, pension funds. It defines the dimensions of restructuring as assets restructuring can be done by acquisition, divestitures, spin offs, corporate downsizing and outsourcing. It also discusses the restructuring of equity claims....
- Presentations 2003-01-01
- Triarc Provides an Update on Possible Corporate Restructuring; Corporate Restructuring Would Create Two ''Pure Play'' Public Companies
- NEW YORK -- Triarc Companies, Inc. (NYSE: TRY; TRY.B) provided further information today regarding its possible corporate restructuring, which was announced on May 31, 2005. Triarc said today that it is continuing to explore a corporate restructuring that would separate Triarc's non-restaurant operations (primarily its ownership interest in its...
- Research articles 2005-06-30
- Effects Of Bank Insolvency And Strategic Uncertainty On Corporate Restructuring In Transition Economies
- This article studies the influence of bank insolvency on corporate restructuring in a dynamic model of bank relationship. Using a poorly developed banking technology, the model shows that bank insolvency can have a positive effect on firm's incentives to restructure. Due to the technology, each firm faces strategic uncertainty on...
- White papers 2001-08-14
- Mergers and Other Forms of Corporate Restructuring
- This article mainly discusses about mergers and other forms of corporate restructuring. Some of the forms which can be adopted included are sources of value, strategic acquisitions involving common stock, acquisitions and capital budgeting. The main reason forr engaging in corporate restructuring is sales enhancement and operating economies, Improved management,...
- Presentations 2001-01-01
- BP America streamlines operation; corporate restructuring is target of project 1990.
- BP America streamlines operation BP America Inc. has launched a major corporate restructuring, emphasizing a cut in bureaucracy and refocusing the duties of James Ross, its president and chief executive officer. The makeover is all part of a reorgBP America streamlines operation...
- Research articles 1990-07-16
- Blue Cross Florida Launches Corporate Restructuring.(Originated from The Florida Times-Union, Jacksonville)
- Apr. 6--After a year of planning, Blue Cross and Blue Shield of Florida this week launched a corporate restructuring aimed at transforming the state's largest health insurer into a "world-class managed care company," the company said. Apr. 6--After a year of...
- Research articles 1997-04-05
- Sony Corp.(new products and corporate restructuring)(Brief Article)
- LATEST MOVES: THE STUNNING NEW PLAYSTATION II AND A CONTINUING CORPORATE RESTRUCTURING. LATEST MOVES: THE STUNNING NEW PLAYSTATION II AND A CONTINUING CORPORATE RESTRUCTURING.
- Research articles 1999-06-07
- HYUNDAI TO END CORPORATE RESTRUCTURING OFFICE.
- SEOUL, Oct 21 Asia Pulse - The Hyundai Group is planning to dismantle its corporate restructuring office in the wake of the inauguration of Hyun Jeong-eun, the wife of the late Hyundai Group Chairman Chung Mong-hun, as de facto group chairwoman on T SEOUL, Oct...
- Research articles 2003-10-21
- CancerVax Corporation announces corporate restructuring and Crucell to release third quarter results on Monday, October 17.
- M2 PRESSWIRE-4 October 2005-US Financial Network: CancerVax Corporation announces corporate restructuring and Crucell to release third quarter results on Monday, October 17C1994-2005 M2 COMMUNICATIONS LTD RDATE:04102005 City of Industry, CA - Biotechnoly industry news provided by Financial News USA (OTC:...
- Research articles 2005-10-04
- Scottish Power PLC announces Corporate Restructuring
- Corporate restructuring, GBP60m annualised cost savings, Board Changes Following a review of its operating structure and functions, the Board of ScottishPower today announced a significant corporate restructuring that will result in annualised cost savings of GBP60m a year. This will be achieved by ceasing a wide range of reporting,...
- Research articles 2005-09-06
- Triton Implements Corporate Restructuring Plan; Eliminates 65 Positions in Dallas Office
- DALLAS--BUSINESS WIRE--July 23, 1998--Triton Energy announced today that it has eliminated 65 positions in its Dallas office, part of its corporate restructuring and cost-reduction plan announced Friday, July 17. The staff reduction amounts to over one-third of the Company's 166 employees in Dallas and nearly one-fourth of its staff worldwide."We...
- Research articles 1998-07-23
- ZapMe! Announces Corporate Restructuring to Focus on New Business Model
- Business Editors SAN RAMON, Calif.--BUSINESS WIRE--Oct. 18, 2000 ZapMe! Corp. (Nasdaq:IZAP) today announced a corporate restructuring in line with the company's plans to refocus on a service-fee model. The restructuring includes re-tasking of select employees and an immediate reduction of the U.S. workforce by approximately 23 percent,...
- Research articles 2000-10-18
- Bunge Limited Announces Corporate Restructuring in Brazil
- Business Editors WHITE PLAINS, N.Y.--BUSINESS WIRE--Nov. 21, 2001 Bunge Limited (NYSE: BG) today announced a corporate restructuring of its Brazilian subsidiaries. The restructuring involves the merger of Bunge Fertilizantes, SA and Bunge Alimentos, SA into a third subsidiary, Serrana, SA. The resulting entity will be renamed Bunge...
- Research articles 2001-11-21
- Decentralized Creditor-Led Corporate Restructuring Cross-Country Experience
- Countries that have experienced banking crises have adopted one of two distinct approaches toward the resolution of non-performing assets—a centralized or a decentralized solution. The former entails setting up a government agency, with the full responsibility for acquiring, restructuring, and selling of the assets while the latter relies on banks...
- White papers 2002-10-01
- Environmental Technologies Inc. Adopts Corporate Restructuring Strategy
- TORONTO, Ontario--BUSINESS WIRE--May 25, 1995--Environmental Technologies International Inc. ("ETI") announced today its renewed commitment to position ETI as one of North America's pre-eminent environmental companies. In order to achieve its goal, ETI has adopted a corporate restructuring strategy, the first step of which was the previously announced divestiture of...
- Research articles 1995-05-25
- Fifth Era Knowledge Announces Proposed Corporate Restructuring and Name Change.
- CALGARY, ALBERTA, May 8, 2003 CCNMatthews via COMTEX Fifth Era Knowledge Inc. (FER - TSX-Venture). Fifth Era Knowledge (the "Corporation") announces a corporate restructuring and name change to Triton Capital Corporation. This restructuring is necessary to help the Corporation build its core business and...
- Research articles 2003-05-09
- Gilat provides details of Q1 corporate restructuring charges
- Business Editors PETAH TIKVA, Israel--BUSINESS WIRE--April 4, 2001 Gilat Satellite Networks Ltd. (Nasdaq: GILTF), a worldwide leader in satellite networking technology, today provided the details of the corporate restructuring plan which will result in non-recurring charges to be recorded against first quarter 2001 earnings, as announced in the...
- Research articles 2001-04-04
- GPC Biotech Announces Corporate Restructuring and Provides Pipeline Update
- * Internal oncology development efforts focused on satraplatin and cell cycle inhibitors * Restructuring to reduce costs and extend cash reserves * Management Board reduced to reflect smaller company size * Year-end 2007 cash position of approximately EU 65 million (~$ 95 million), higher than previous guidance...
- Research articles 2008-02-25
- Tiger Team Technologies Completes Corporate Restructuring and Acquisition of Physicians Healthcare Management Group, Inc
- ST. PAUL, Minn. -- Tiger Team Technologies (Pink Sheets:TTMT), announced today that the company has completed a comprehensive corporate restructuring and has acquired all of the outstanding common shares of Physicians Healthcare Management Group (a/k/a "Phyhealth"), a Miami, FL-based managed healthcare company. Under the terms of the restructuring and subsequent...
- Research articles 2006-05-16
