Abstract
This review analyses the book titled "Innovation in financial restructuring: Focus on signals, processes and tools" co-authored by Marco Tutino and Valerio Ranciaro (Virtus Interpress, 2020; ISBN: 978-6-177309-10-8). The review highlights the original approach of the book to financial restructuring management and turnaround process. It describes in detail the structure of the book and content of chapters within the book. The review indicates that the book provides indications that will help academics, regulators and professionals to better manage the financial restructuring and prevent financial crisis.
Highlights
The topic of financial restructuring has attracted more interest from academic scholars that have provided numerous interpretations
This research field appears extremely interesting and the book offers an original approach to financial restructuring management and turnaround process (Opler & Titman, 1994; Routledge & Gadenne, 2000; Fabozzi & Drake, 2008; Chiaramonte & Casu, 2017; Habib, Costa, Huang, Bhuiyan, & Sun, 2020)
It provides a careful analysis of key effects related to the financial structure and financial distress, profiles of innovation in financial debt, the financial restructuring process and successful implementation
Summary
The topic of financial restructuring has attracted more interest from academic scholars that have provided numerous interpretations. Book review: “Innovation in financial restructuring: Focus on signals, processes and tools”. The financial restructuring process implies a change of financial or economic company’s structure to eliminate all the financial crises.
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