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Alternatives for Maintaining the Viability of the Enterprise in Post-Crisis Phase

Author

Listed:
  • Tzveta Zafirova

    (University of Economics - Varna)

  • Margarita Bachvarova

    (University of Economics - Varna)

Abstract

The purpose of this article is to investigate the alternatives for getting out of the crisis in each enterprise to maintain its viability. Different approaches in the specialized literature in the field of management are explored. The legal aspects of these alternatives and good international practices in the field have been explored. A sufficient number of literature sources describing the theory and practice of organizational crises have been studied and systematized. The results will help business management to make the right choice to overcome the crisis.

Suggested Citation

  • Tzveta Zafirova & Margarita Bachvarova, 2019. "Alternatives for Maintaining the Viability of the Enterprise in Post-Crisis Phase," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 8(3), pages 72-80, December.
    • Handle: RePEc:vra:journl:v:8:y:2019:i:3:p:72-80
    DOI: 10.36997/IJUSV-ESS/2019.8.3.72
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    References listed on IDEAS

    as
    1. Velislava Nikolaeva, 2018. "Strategic Management of Business Organizations - Opportunities and Challenges," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 7(3), pages 221-230, December.
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    Cited by:

    1. Milena Tsvetkovska, 2022. "Trends in the Development of the Legal Framework of the Stabilization Proceedings According to the Proposed Changes in the Commercial Law," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 11(2), pages 184-192, August.
    2. Radka Ivanova, 2020. "ISO 22301:2019 - a Tool to Increase the Organization's Preparedness to Deal with Crises," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(1), pages 147-155, April.

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      More about this item

      Keywords

      crisis; bankruptcy; insolvency; reorganization; liquidation; viability;
      All these keywords.

      JEL classification:

      • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
      • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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