title: Management of transformational programs of mergers and acquisitions of distressed companies
metadata.name: dc.contributor.author
metadata.value: Bobyleva, Alla Z.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Lvova, Olga A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-03-05T17:54:08Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-03-05T17:54:08Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2019-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Bobyleva A. Z., Lvova O. A. 2019. Management of transformational programs of mergers and acquisitions of distressed companies. Vestnik of Saint Petersburg University. Management 18 (4): 483–509.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/11701/spbu08.2019.401
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/17181
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The paper aims to develop an integral methodology for managing transformational programs
  in relation to a specific type of transformation — the processes of mergers and acquisitions with
  the participation of distressed companies. It highlights the distressed companies’ mergers and
  acquisitions: its two-stage character when the first step is business recovery, and the second one
  is its growth or sale; a large amount of investment to restore the business and its integration after
  the transaction’s completion; the danger of underestimating the problems associated with the
  market, business processes, resources due to low transparency, distortion of information, limited
  time for the verifi cation; the need to reach an agreement not only among shareholders, but also
  with the creditors of the indebted business regarding the basic procedures and deadlines, the occurrence
  of claim work, court expenses, etc. The authors also formulate the principles and stages
  of such project management: an assessment of the feasibility of acquiring a distressed company
  (preliminary stage), the stage of the transaction and subsequent integration. A model of the integration process is developed on the example of broiler production as an industry where mergers
  and acquisitions with the participation of distressed companies are common. It presents a list of
  project groups and their problems and suggests measures for obtaining synergistic effect in the
  areas of “market”, “business processes”, “resources (material, labor, financial)”. The principles of
  coordinating the activities of project groups, ensuring their integration into the program are the
  following: establishing a hierarchy of projects, their horizontal, vertical, network connections;
  development of a template of documents for the informational exchange, ongoing monitoring,
  preparation of interim and fi nal reports; approval of a schedule for the informational exchange,
  reporting; establishing indicators for monitoring for each project and criteria for the success of
  their implementation (qualitative or quantitative).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Management;Volume 18; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: transformational programs and projects
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: mergers and acquisitions
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: distressed companies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: bankruptcy prevention
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: recovery of distressed business
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Management of transformational programs of mergers and acquisitions of distressed companies
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 483-509.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/17181/1/483-509.pdf
resources.format: Adobe PDF
resources.size: 395,19 kB