Yıl 2017, Sayı : Temmuz 2017 (Özel Sayı ) Sayfalar 106 - 115 2017-07-15
Possibilities For Managing Financial Crises Of Macedonian Companies
Biljana ANGELOVA,Neda PETROSKA-ANGELOVSKA,Marija ACKOVSKA
15 261

Öz Frequent economic crisis, led a large number of companies to cumulate losses. On these conditions are not immune Macedonian companies, also. Such businesses, if not undertake adequate measures, over time, become indebted and lose solvency, or are facing a serious problem - financial crises. Considering that the recovery from financial crisis is very difficult process, it is especially important companies to undertake certain actions that would prevent the occurrence and escalation of the crisis.In that context, main objectives of this paper is to identify the main causes of financial crisis of companies, briefly to present current methods of managing financial crisis as strategies whose implementation will prevent the liquidation of companies and to explore the level of implementation of financial restructuring, merger and acquisition and turnaround concept in companies of Republic of Macedonia. For that purpose, different qualitative and quantitative methods are implemented. For collecting primary data from companies in the Republic of Macedonia, constructed questionnaire is used. The analysis will lead to achievement of main goal of the paper and will contribute to identify the frequently used opportunities for managing and overcoming financial crisis of companies in the Republic of Macedonia.Findings will direct to the following: there is no unified way for managing financial crisis, that could be applied in any company and that common in application of current ways to overcome the financial crisis (turnaround concept, financial restructuring, merger and acquisition of companies) is that their adequate implementation contributes to improving efficiency and effectiveness in managing the financial crisis and subsequently have positive implications company performances.

Anahtar Kelimeler

Financial crises, companies, financial restructuring, merger and acquisition, turnaround concept
Block S., Hirt G, (2008), Osnove finansiskog menadzmenta, McGraw-Hill Irvin.
Birincil Dil en
Konular İşletme
Yayımlanma Tarihi 15 Temmuz 2017
Bölüm Araştırma Makalesi
Yazarlar
Tarihler

Yayımlanma Tarihi : 15 Temmuz 2017


Makalenin Yazarları
Biljana ANGELOVA
Neda PETROSKA-ANGELOVSKA
Marija ACKOVSKA