Abstract

This review covers the book titled “Innovation in financial restructuring: Focus on signals, processes and tools”, which was written by Marco Tutino and Valerio Ranciaro (Virtus Interpress, 2020; ISBN: 978-6-177309-10-8). The review shortly outlines the fundamental questions researched in the book, pays attention to its strong sides and issues that will be, by the reviewer’s point of view, most interesting for the reader

Highlights

  • “Innovation in financial restructuring: Focus on signals, processes and tools” deals with a fundamental question in the ongoing financial restructuring debate

  • This book seeks to determine and analyze the operational actions and the different choices, issues, and alternatives related to the financial restructuring process, both theoretically and practically

  • When a company is involved in a corporate restructuring after sending distress signals, it is important to determine the debt capacity of that company and the optimal capital structure the company should have

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Summary

Introduction

“Innovation in financial restructuring: Focus on signals, processes and tools” deals with a fundamental question in the ongoing financial restructuring debate. Book review: “Innovation in financial restructuring: Focus on signals, processes and tools”. This book seeks to determine and analyze the operational actions and the different choices, issues, and alternatives related to the financial restructuring process, both theoretically and practically.

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