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Factors of a Successfully Implemented Compulsory Settlement Cover

Factors of a Successfully Implemented Compulsory Settlement

Open Access
|Mar 2017

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.

DOI: https://doi.org/10.1515/ngoe-2017-0002 | Journal eISSN: 2385-8052 | Journal ISSN: 0547-3101
Language: English
Page range: 14 - 26
Submitted on: Nov 1, 2016
Accepted on: Feb 1, 2017
Published on: Mar 30, 2017
Published by: University of Maribor
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2017 Marjeta Zorin Bukovšek, Borut Bratina, Polona Tominc, published by University of Maribor
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.