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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 bodies’ knowledge and practices but is not generic. This study was guided by one key question: What is
Marius Pretorius, Onesmus Ayaya
exaly +4 more sources
Acta Commercii, 2022 Orientation: To resuscitate financially distressed companies in South Africa, business rescue as introduced through the enactment of Chapter 6 of the Companies Act 71 of 2008 requires the business rescue practitioners (BRPs) to take management and ...
Thabang Madigoe, Marius Pretorius
doaj +4 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
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
Using practitioners’ voices in developing a business rescue practitioner expert profile
Journal of Management and Business EducationThe study explored how business rescue (BR) practices can inform the development of an occupation profile needed to lay a foundation for developing business rescue practitioners’ occupation-specific qualifications.
Onesmus Ayaya
doaj +2 more sources
Exploring the role of the business rescue practitioner in rescuing a financially distressed company
Corporate Board, 2018 The emphasis on corporate sustainability as against liquidation in the South African Companies Act 71 of 2008 creates an important figure in the person of the business rescue practitioner. The practitioner in that capacity supplants the board and is insulated from the relevant elements of shareholder control in the discharge of the task of rescuing the
Anthony Nwafor, Kudzai Mpofu
exaly +2 more sources
The business rescue practitioners’ professionalism: are we there yet? [PDF]
Journal of Business & Retail Management Research, 2021 Purpose and context: The purpose of the study was to explore the construction of professionalism in a multiple professional bodies (MPB) landscape in South Africa (SA) and demonstrate how this construction can be used to enhance a professional accreditation regime. Professional accreditation has become a pre-requisite for business rescue practitioners (
Onesmus Ayaya, Marius Pretorius
openaire +1 more source
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 +1 more source
A qualitative exploration of the bidding processes used in business rescue
Journal of Economic and Financial Sciences, 2022 Orientation: In business rescue, when pursuing the sale of the business to a third party, the business rescue practitioner (BRP) may use different bidding processes to interact with and select buyers.
Shaneen Conradie, Christiaan Lamprecht
doaj +1 more source
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