FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA

Market reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the...

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Main Author: Yury A. Arutunov
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/169
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author Yury A. Arutunov
author_facet Yury A. Arutunov
author_sort Yury A. Arutunov
collection DOAJ
description Market reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the efficiency of the process are shown. The author identifies features of bankruptcy, analyzes preventive measures and situations of non-court settlement of crisis situations at the enterprise, describes initiation of the case and shows principle types of insolvency procedures. Categories of insolvency and over-indebtedness are identified which can give grounds for initiation of proceedings for bankruptcy.
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-51a07a4f17bf4a8789bc9dd2d08f6a972025-08-20T03:20:25ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010314114610.21686/2413-2829-2016-3-141-146168FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIAYury A. Arutunov0Plekhanov Russian University of EconomicsMarket reforms in conditions of tough competition results in insolvency of some business entities or their temporary inability to pay. The article investigates the notion of managing insolvent enterprises which is illustrated by experience of Austrian commercial organizations. Factors affecting the efficiency of the process are shown. The author identifies features of bankruptcy, analyzes preventive measures and situations of non-court settlement of crisis situations at the enterprise, describes initiation of the case and shows principle types of insolvency procedures. Categories of insolvency and over-indebtedness are identified which can give grounds for initiation of proceedings for bankruptcy.https://vest.rea.ru/jour/article/view/169crisis managementinsolvencybankruptcypreventive measures
spellingShingle Yury A. Arutunov
FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
Вестник Российского экономического университета имени Г. В. Плеханова
crisis management
insolvency
bankruptcy
preventive measures
title FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
title_full FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
title_fullStr FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
title_full_unstemmed FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
title_short FEATURES OF THE DETERMINATION OF INSOLVENCY ENTERPRISES IN CRISIS MANAGEMENT IN AUSTRIA
title_sort features of the determination of insolvency enterprises in crisis management in austria
topic crisis management
insolvency
bankruptcy
preventive measures
url https://vest.rea.ru/jour/article/view/169
work_keys_str_mv AT yuryaarutunov featuresofthedeterminationofinsolvencyenterprisesincrisismanagementinaustria