Since 2014
Determinant of Preemptive Corporate Restructuring
Research in Economics and Management
View Archive Info| Field | Value | |
| Title |
Determinant of Preemptive Corporate Restructuring
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| Creator |
Lim, Joohyun
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| Description |
In this paper, I investigate whether companies with high quality accounting information carry out preemptive corporate restructuring or not. I find the higher the quality of accounting information, the more proactive the corporate restructuring for the following reasons. First, Board of Directors overseeing the management basically identifies the financial position and performance of the entity through accounting information, it will encourage the management to make preemptive restructuring decisions when it is necessary to improve its operating performance or improve its financial structure through corporate restructuring such as the sale of assets, interests, affiliates and business units. Second, high-quality accounting information will play a role in enhancing possibility of completion of corporate restructuring. This finding suggests that high quality of accounting information was required as a determinant that could enhance the practicability of preemptive restructuring.
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| Publisher |
SCHOLINK INC.
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| Contributor |
—
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| Date |
2020-07-15
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.scholink.org/ojs/index.php/rem/article/view/3042
10.22158/rem.v5n3p101 |
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| Source |
Research in Economics and Management; Vol 5, No 3 (2020); p101
2470-4393 2470-4407 |
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| Language |
eng
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| Relation |
http://www.scholink.org/ojs/index.php/rem/article/view/3042/3074
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| Rights |
Copyright (c) 2020 Joohyun Lim
http://creativecommons.org/licenses/by/4.0 |
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