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The State of Business Rescue Practitioners Professional Accreditation [PDF]
SAGE Open, 2021 Business rescue practitioners (BRPs) are subject to many allegations of abuse and, therefore, professional accreditation has become a pre-requisite. The Companies and Intellectual Property Commission (CIPC) licensing is linked to multiple professional ...
Onesmus Ayaya, Marius Pretorius
doaj +4 more sources
Role of stakeholders in business rescue
South African Journal of Business Management, 2020 Purpose: It is widely accepted that stakeholders play a role in the turnaround of an organisation. However, the exact role is unclear. This study set out to investigate the roles of stakeholders in the success of business rescue through the lens of ...
Dumisani D. Lusinga, Keith J. Fairhurst
doaj +3 more sources
South African Journal of Economic and Management Sciences, 2018 Background: Business rescue, in terms of Chapter 6 of the Companies Act No 71 of 2008, is still relatively new to the South African business environment. The need for a successful business rescue regime is beyond doubt.
Shaneen Conradie, Christiaan Lamprecht
doaj +5 more sources
Investigating the direct costs of business rescue
Acta Commercii, 2021 Orientation: The direct costs associated with business rescue proceedings are essential to the decision-making of directors, business rescue practitioners and other affected parties.
Nicole V.A. de Abreu +1 more
doaj +5 more sources
South African Journal of Economic and Management Sciences, 2018 Background: The low success rate of business rescue has prompted debate relating to the effectiveness and continued suitability of business rescue as a mechanism to rehabilitate financially distressed companies.
Rajendra Rajaram +2 more
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The (Implicit) Dogmas of Business Rescue Culture [PDF]
International Insolvency Review, 2018 AbstractIn this article, we challenge the (implicit) dogmas of the current trend towards a business rescue culture within Europe. It is unclear why this trend – as a logical consequence of the desire to create increasingly debtor friendly insolvency regimes – keeps revealing and reinforcing itself in this time frame. Many different approaches take this
Verdoes, T.L.M., Verweij, A.M.
exaly +3 more sources
The naked truth: creditor understanding of Business Rescue: A Small Business perspective
The Southern African Journal of Entrepreneurship and Small Business Management, 2013 Purpose: to study the level of knowledge and awareness of business rescue of entrepreneurs who are potential creditors of businesses filing for rescue, and to identify the major issues and concerns from the creditors’ point of view.
Ingrid le Roux, Kelly Duncan
doaj +2 more sources
A competency framework for the business rescue practitioner profession
Acta Commercii, 2014 Orientation: Business Rescue Practitioner (BRP) tasks are complex and involve a wide range of knowledge, tacit skills and experience not accessible to novices.
Marius Pretorius
doaj +4 more sources
Investigating the confidence business leaders have in business rescue
African Journal of Economic and Management StudiesPurpose The study measures business leaders’ perceptions of the likelihood of recovery, the competency of business rescue practitioners and the level of support they are expected to provide to businesses in rescue.
exaly +3 more sources
Valuation practices under business rescue circumstances in South Africa
South African Journal of Economic and Management Sciences, 2021 Background: A business rescue plan should indicate the benefits of adopting a business rescue plan as opposed to the benefits of immediate liquidation. Performing a valuation is thus a vital aspect of the business rescue process as the estimated values ...
Shaneen Conradie, Christiaan Lamprecht
doaj +1 more source