<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In Slovenia, many companies try to avoid bankruptcy with the introduction of a compulsory settlement procedure, but only a handful of companies successfully complete the compulsory settlement in the sense of a final repayment of creditors in accordance with the adopted financial restructuring plan. The article identified the factors affecting the confirmation of a compulsory settlement as well as the factors affecting the final repayment of creditors and, thus, permanently eliminated the causes of insolvency. The factors were divided into internal and external, whereby the impact of factors on a successfully completed compulsory settlement was verified using quantitative and qualitative research methods.</p></abstract>

In Slovenia, many companies try to avoid bankruptcy with the introduction of a compulsory settlement procedure, but only a handful of companies successfully complete the compulsory settlement in the sense of a final repayment of creditors in accordance with the adopted financial restructuring plan. The article identified the factors affecting the confirmation of a compulsory settlement as well as the factors affecting the final repayment of creditors and, thus, permanently eliminated the causes of insolvency. The factors were divided into internal and external, whereby the impact of factors on a successfully completed compulsory settlement was verified using quantitative and qualitative research methods.

Factors of a Successfully Implemented Compulsory Settlement

PhD Student at the Faculty of Economics and Business, University of Maribor,

Faculty of Economics and Business, University of Maribor,

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Factors of a Successfully Implemented Compulsory Settlement"}

In Slovenia, many companies try to avoid bankruptcy with the introduction of a compulsory settlement procedure, but only a handful of companies successfully...

Factors of a Successfully Implemented Compulsory Settlement

Online veröffentlicht: 30. März 2017

Seitenbereich: 14 - 26

Eingereicht: 01. Nov. 2016

Akzeptiert: 01. Feb. 2017

DOI: https://doi.org/10.1515/ngoe-2017-0002

Schlüsselwörter
compulsory settlement, insolvency, financial restructuring plan, business restructuring, ownership restructuring

© 2017 Marjeta Zorin Bukovšek et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Factors of a Successfully Implemented Compulsory Settlement

Online veröffentlicht: 30. März 2017

Seitenbereich: 14 - 26

Eingereicht: 01. Nov. 2016

Akzeptiert: 01. Feb. 2017

DOI: https://doi.org/10.1515/ngoe-2017-0002

Schlüsselwörtercompulsory settlement, insolvency, financial restructuring plan, business restructuring, ownership restructuring

© 2017 Marjeta Zorin Bukovšek et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Schlüsselwörter
compulsory settlement, insolvency, financial restructuring plan, business restructuring, ownership restructuring