Capital structure decision-making for business turnarounds based on distress severity and reasonable prospect confluence

Background: The relationship between financial distress severity and the prospect for rescuing a distressed company significantly impacts capital structure decisions. When a company faces distress, its interactions with funders change, directly affecting rescue prospects. Aim: This research propo...

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Bibliographic Details
Main Authors: Coenraad van Beek, Marius Pretorius
Format: Article
Language:English
Published: AOSIS 2025-07-01
Series:South African Journal of Economic and Management Sciences
Subjects:
Online Access:https://sajems.org/index.php/sajems/article/view/5936
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