The main focus of any given corporate restructuring is to result in better: customer operations, return on assets, product operations and corporate operations that produce better profits, and better positioning for the future for sustainable competitive advantage. However, the outstanding question that is worth a study curiosity remains to be the quality of the approach to restructuring itself rather outcome of restructuring.
This is because many corporate restructuring processes don’t necessarily return transformational results.
Therefore, there is a need to know how does process of restructuring produce transformation? And when do we know the results they produce are transformational? (Blair et al., 1991) The response to these two fundamental questions enables creates a lee way toward a more meaningful and compelling assessment of extends of corporate restructuring in transforming financial performance and corporate market. In this regard, empirical based examples are used.
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