FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
Market reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the...
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Plekhanov Russian University of Economics
2017
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oai:doaj.org-article:51a07a4f17bf4a8789bc9dd2d08f6a972021-11-15T05:20:44ZFEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA2413-28292587-925110.21686/2413-2829-2016-3-141-146https://doaj.org/article/51a07a4f17bf4a8789bc9dd2d08f6a972017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/169https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251Market reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the efficiency of the process are shown. The author identifies features of bankruptcy, analyzes preventive measures and situations of non-court settlement of crisis situations at the enterprise, describes initiation of the case and shows principle types of insolvency procedures. Categories of insolvency and over-indebtedness are identified which can give grounds for initiation of proceedings for bankruptcy.Yury A. ArutunovPlekhanov Russian University of Economicsarticlecrisis managementinsolvencybankruptcypreventive measuresEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 3, Pp 141-146 (2017) |
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crisis management insolvency bankruptcy preventive measures Economics as a science HB71-74 |
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crisis management insolvency bankruptcy preventive measures Economics as a science HB71-74 Yury A. Arutunov FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
description |
Market reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the efficiency of the process are shown. The author identifies features of bankruptcy, analyzes preventive measures and situations of non-court settlement of crisis situations at the enterprise, describes initiation of the case and shows principle types of insolvency procedures. Categories of insolvency and over-indebtedness are identified which can give grounds for initiation of proceedings for bankruptcy. |
format |
article |
author |
Yury A. Arutunov |
author_facet |
Yury A. Arutunov |
author_sort |
Yury A. Arutunov |
title |
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
title_short |
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
title_full |
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
title_fullStr |
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
title_full_unstemmed |
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA |
title_sort |
features of the determination of insolvency enterprises in crisis management in austria |
publisher |
Plekhanov Russian University of Economics |
publishDate |
2017 |
url |
https://doaj.org/article/51a07a4f17bf4a8789bc9dd2d08f6a97 |
work_keys_str_mv |
AT yuryaarutunov featuresofthedeterminationofinsolvencyenterprisesincrisismanagementinaustria |
_version_ |
1718428745399795712 |