14.1 Need for restructuring
14.1 NEED FOR RESTRUCTURING
Corporate restructuring refers to the process of making significant changes to a company’s organizational structure, operations, or financials in order to improve its overall performance, efficiency, and competitiveness. It involves various strategies and actions aimed at adapting to changing market conditions, optimizing resources, and maximizing shareholder value.
Common reasons why companies may consider restructuring:=
- Financial distress
- Changes in market conditions
- Operational inefficiencies
- Organizational alignment
- Mergers and acquisitions
- Regulatory compliance
- Strategic focus
