Reorganization Plan Research Articles

Challenges faced by the stakeholders of District Institutes of Education and Training (DIETs) in Chhattisgarh

The quality of education ismagnificently identified by the quality of teachershence great efforts were made and still are being made to enhance the quality of teacher education. On recommendation of National Education Policy (NEP, 1986), the Centrally Sponsored Scheme (CSS) (Teacher Education in the 12th plan)of Restructuring and Reorganization of Teacher Education emanated in existence in 1987 which incorporated the establishment of DIETs in almost all districts of a state. To ensure the training of Pre- Service Teachers and In-Service Teachers DIETs are playing an important role in almost all districts of a state. This paper deals with the challenges faced by the teacher education institutes with respect to student teachers, teacher educators and Principals of DIET. Various suggestions revealed by all the stake holders of DIET (Nath, 2022)were also integrated in this paper.

The Principles of the Insolvency Procedure in Romania

The insolvency law in Romania is one with tradition, its first form being adopted in 1995. At that time, although no principles were expressly stipulated to govern this procedure, they could somehow be deduced from the interpretation of the legal norms. The legal consecration of the principles of the insolvency procedure can only be found in Law No. 85/2014, still in force today. It should be mentioned that Law no. 216/2022 amended the legal rules regarding the principles applicable to insolvency. These principles can be summarised as follows: encouraging negotiations regarding the prevention of insolvency, maximising the debtor's wealth, enabling effective restructuring, efficiency, reasonableness in the procedure, insolvency of the creditor mass, transparency and predictability, pro rata and pari passu rules, credit risk limitation, the superpriority of financing in the procedure, a representative and fairly assumed reorganisation plan, useful and efficient capitalisation, procedural coordination in the matter of the group of companies and legality control. Keywords: Insolvency; Principles; Rules.

Court Disclosures of Firms in Chapter 11 Bankruptcy

ABSTRACTStakeholders in the Chapter 11 reorganization process face significant information uncertainty about the post‐emergence prospects of the firm. The U.S. Bankruptcy Code requires a debtor to provide a disclosure statement containing “adequate information” about its financial status and a proposed reorganization plan but stops short of rigidly defining the adequacy standard. We document the heterogeneity in disclosure statement information across 16 distinct attributes and examine the variation in disclosures along several dimensions that reflect agency costs and coordination problems. We observe that Chapter 11 disclosure correlates more with claimant‐ and case‐specific characteristics than pre‐bankruptcy debtor characteristics. Our results illustrate the importance of institutional features in specific disclosure settings such as bankruptcy court filings. The research questions and methods of this study were registered via the Journal of Accounting Research’s registration‐based editorial process.

Judicial Moderate Intervention in Information Disclosure of Bankruptcy Reorganization Plan Voting in China

Judicial Moderate Intervention in Information Disclosure of Bankruptcy Reorganization Plan Voting in China

아동에 대한 정서적 학대행위의 형사처벌에 관한 소고

Recently, teachers' disciplinary behavior at the school site has been recognized as emotional abuse, and criminal justice cases have occurred repeatedly, raising the question of how to distinguish between discipline and abuse. This is because, in the case of emotional abuse, even if it is conducted for the purpose of discipline with the fundamental ambiguity and abstraction of the term, the teacher's words or actions toward the child can be regarded as emotional abuse because they affect the child emotionally in some form. This confusion is being raised because the law does not clearly define the concept of child abuse and does not even describe examples of detailed types of abuse. Moreover, this phenomenon is intensified by 「Act on Special Cases Concerning the Punishment of Child Abuse Crimes」 enacted on January 28, 2014, which considers prohibited acts under 「Child Welfare Act」 as child abuse crimes. In particular, in the case of emotional abuse, unlike in the case of physical and sexual abuse, the limitations of neglect are not clear due to its own ambiguity and abstraction, and this phenomenon is more prominent.
 Accordingly, this paper first examined precedents, academic attitudes, and major foreign legislation on the standards of criminal punishment for emotional abuse as a type of child abuse crime. And based on this, a concrete plan for reorganization of criminal punishment regulations on emotional abuse was proposed to reasonably cope with emotional abuse. Also, in relation to the protection of teaching rights, the requirements for exemption from the discipline and guidance of guardians such as parents and teachers, which have recently been controversial, were presented.

РЕОРГАНІЗАЦІЯ ІНДУСТРІЇ ГОСТИННОСТІ ПІД ЧАС ВІЙНИ НА ПРИКЛАДІ !FEST HOTEL

The hospitality industry is a complex, comprehensive type of professional activity of people whose efforts are aimed at satisfying the diverse needs of guests – not only tourists, but also representatives of business, the public, culture, sports, scientists, as well as local residents. The full-scale Russian invasion has had a negative impact on all aspects of life in the country, but despite the difficulties and challenges faced by Ukrainians, the hospitality industry continues to develop. The hotel business is implementing a clear plan for reorganization during the full-scale Russian invasion, in particular – security, partnership, marketing, service, innovation, played an important role in ensuring compliance with market requirements and maintaining competitiveness. The hospitality industry is an important sector of the Ukrainian economy, which is already experiencing its rebirth. When it comes to a hotel, behind many secondary details – prestige, number of stars, sophistication of the restaurant and others, we often forget the main thing, the function that each one should embody: to create a pleasant, relaxed atmosphere and tell a story. However, martial law in Ukraine has made its own adjustments to entrepreneurs working in the field of tourism and the hotel business, in order to reformat and adapt to the realities of today. The main problems that arose during the military conflict for the hotel sector are: a decrease in tourist demand, war creates an unstable and dangerous situation, which leads to a decrease in tourist demand; restricted access in the war zone; deterioration of infrastructure, damage to buildings and communications can significantly complicate their functioning4; negative perception abroad, making it difficult to attract new customers, and also led to the cancellation or postponement of previously planned trips; difficulties in providing necessary resources, including electricity, water supply and food, due to supply disruptions and increased security costs. The challenges and obstacles that Ukrainian hotel enterprises faced during the military operations prompted reorganization and changes in business strategies. The reorganization of the hospitality industry under martial law is analyzed using the example of the !FEST hotel.

A proposal for selecting target buildings for the reorganization of public housing using a depth‐first search algorithm with recursive functions

AbstractWe improved a method to support more general and rational reorganization planning, demonstrating its practicality through application to Kobe municipal housing complexes. We initially developed a cost‐effective algorithm using depth‐first search, enabling the consideration of a larger pool of dwelling units and houses for reorganization. We then ensured the algorithm accounts for practical constraints by grouping sale sites together and considering proximity to roads, thereby deriving more viable combinations. Furthermore, we clarified the break‐even point for the reorganization projects, allowing for an assessment of project feasibility from a profitability standpoint.

Study of urban edge for the intervention of informal settlements in the southwest periphery of Guayaquil

The urban fabric of Guayaquil is intertwined with the meanders of the Guayas River, where estuaries such as Puerto Lisa, as a scene of prone in-formal settlements on the banks of the estuary, have challenged urban planning and generated a negative impact on the environment and quality of life of their habitants. This article arises in response to the challenges posed by the invasion of estuaries due to informal construction practices, which have triggered a dis-parity between the urban environment and the ecosystem. We face the urgency of addressing this problem that has transcended local borders to become a glob-al phenomenon that affects developing cities. The Puerto Lisa estuary, located in the suburb of Guayaquil, has become an epicenter of these transformations, experiencing accelerated growth of settlements that challenge the sustainability and quality of life of its inhabitants. The relevance of this research lies in the search for strategies that make appropriate land use compatible, satisfying the needs of the community, and at the same time revitalizing the natural landscape of the Puerto Lisa estuary. It is a call to rethink urban planning, promoting sus-tainable development that harmonizes urban growth with environmental preser-vation. Throughout these pages, we will explore the current conditions of in-formal settlements, identify key challenges and problems, and propose a com-prehensive reorganization plan. It is concluded that the integration of the estu-ary generates integration of the public space of human settlements and promotes productive local development by articulating new regularized housing processes in safe areas of the estuary.

경찰의 재난관리 역할에 관한 연구

According to Article 34 of the Constitution, Korean state agencies have the responsibility and duty to protect the people from all disasters and crises regardless of whether they are natural or social disasters. Previously, the police centered on public security activities such as protecting people's lives, bodies, and property, and maintaining order. In line with social changes since the 2000s, various activities including disaster management have been carried out. However, there are difficulties in performing the currently given disaster management tasks in the unique role and mission of the police in performing disaster management activities. Terrorism, serial explosions, large-scale traffic accidents, etc., which fall under social disasters, do not have any difficulties in carrying out disaster management tasks related to the duties and activities of the police. However, when various disasters, including natural disasters, occur, the police are required to perform various activities such as rescue and restoration. Therefore, this study analyzed the actual situation of the police's disaster management activities, identified problems in the field of disaster management of the police, and suggested a role for efficient disaster management. First, unification of disaster management was suggested considering the role and duties of the police. Second, in the role of disaster management, amendment of laws and strengthening of preventive activities were suggested so that the focus could be on prevention. Third, an organizational reorganization plan was presented to improve the efficiency of preventive and response activities in the field.

A METHOD FOR SELECTING RESIDENTIAL BUILDING FOR REORGANIZATION PLAN OF PUBLIC HOUSING USING DEPTH-FIRST SEARCH ALGORITHM WITH RECURSIVE FUNCTION

A method to support rational reorganization planning was improved to be more generic, and its practicality was clarified by applying it to Kobe municipal housing complexes. First, we developed a computationally inexpensive algorithm that applies depth-first search, allowing us to consider a larger number of dwelling units and houses for reorganizing. Then, “the sale site is grouped together” and “the site abuts a road” are taken into account, allowing more practical combinations to be derived. Furthermore, the break-even point of the reorganizing project was clarified so that the feasibility of the project could be examined from the viewpoint of profitability.

1970년대 용인의 도시 성장과 공간구조 변화

This article examines the urban growth of Yongin in the 1970s and the resulting changes in the spatial structure of the region. Yongin, a quiet rural area near Seoul, was converted into an urban space due to the construction of expressways. After the opening of the Seoul-Singal section of the Gyeongbu Expressway in 1968, Giheung-myeon(township), the western region of Yongin, was incorporated into the urban planning area of Suwon, which was geographically adjacent to it. Since then, the spatial structure of Giheung-myeon had been planned in connection with the Suwon City Plans. Following the conversion of the urban planning policy of the ROK government in 1974, the eastern part of the Gyeongbu Expressway was excluded from the Suwon urban planning area, however, it was able to establish Singal's own urban planning according to the “Guidelines for Urban Planning for Myeon-class Cities.” Since then, the Singal area had maintained the framework of urban planning designed in 1975 and reorganized urban spaces in line with the reality that industries in the region are growing. In the southern part of Giheung-myeon, tourist and residential areas were created near the expressway and Singal Reservoir. With the construction of the Giheung Housings and the Korean Folk Village, the southern Giheung became a representative tourist destination near Seoul. However, the area was easy to be a target for urban sprawl after then, because it was not included in either the Suwon urban planning zone or the Singal planning zone.
 The Yongin-myeon area, at which the Yongin-gun(county) office was located and a city was previously formed, had undergone a transition to an industrial city since the opening of the Yeongdong Expressway in 1971. Yongin-gun designated industrial areas near the Yeongdong Expressway through urban planning, moved and relocated factories to the areas, and secured residential areas to create housing sites for factory workers. Since the establishment of the Reorganization Plan in 1974, the Yongin-myeon urban planning had maintained the structure of strengthening industrial functions and reorganizing urban areas to support them. Due to such urban growth, Yongin-myeon was able to form a single living sphere as a self-sufficient city, but it did not form a single urban area covering the Giheung region. The current disconnection and conflict between the eastern and western Yongin is also a result of such urban growth in the 1970s.

Factors influencing Brazilian sugar and ethanol refineries’ failure

Purpose This study aims to examine the dimensions of organisational failure in the Brazilian sugarcane and ethanol refineries, as reported in judicial recovery plans. Design/methodology/approach This paper follows a qualitative, inductive approach that uses content analysis to examine the details of recovery plans. Besides, a cause-and-effect relationship diagram is proposed, making it possible to identify the interconnections between the identified variables. Findings There is evidence that organisational failures are not a linear outcome. Organisational failures are complex and occur because of several factors, often interdependent and operating at different levels. Research limitations/implications Organisational failures basically have three interrelated levels: the macro-level (external environment), the meso-level (organisational environment) and the micro-level (associated with the decision-maker). The relationship between these levels is not trivial and involves coordinated research efforts. Practical implications Organisations must consider all types of failure levels when developing business reorganisation plans. Reorganisation plans are more than a formal document to achieve judicial recovery, as they should incorporate strategic factors. Social implications Organisational failures are regularity in organisations’ day-to-day. Understanding failure’s sources is vital to design firms’ strategies and public policies. Originality/value The study of organisational failure involves the analysis of complex and multidimensional phenomena. Judicial recovery plans are the means for companies to get a second chance. To that end, this paper addresses the sources of organisational failures through the lens of judicial plans.

The economics of prepackaged bankruptcy

The economics of prepackaged bankruptcy

Prepacks as a mechanism for resolving financial distress: The evidence

Prepacks as a mechanism for resolving financial distress: The evidence

Examination of reorganization plan of public housing in large city based on data of households moving in each building—Considering the ease of moving to a neighborhood and reconstruction costs

AbstractA method for formulating a rational reorganizing plan was examined. The first approach involved statistically determining the reorganization priority, which was applied to all public housing residential buildings in Kobe city to confirm its effectiveness. The second approach entailed creating a program that automatically ranks all combinations of housing units under consideration for reorganization, based on the required reconstruction costs and the potential for reducing the number of dwelling units and buildings. When this program was applied in the area, it yielded combinations of housing units that could reorganize more dwelling units at a lower cost.

The success in reorganization: Decision of Board Dependent

The paper empirically investigates whether the success in the reorganization is contingent on the decision of the statutory body to provide specific measurements according to insolvency law in the dataset of 236 insolvency reorganizations in the Czech Republic conducted between 2009 and the end of 2021. It focuses on the dependence between success in the reorganization and the decision of the statutory board of the company about measurement in the insolvency proceeding. The author assumes that the decision to propose a reorganization plan involving measurement realized immediately after its acceptance leads to a higher probability of success of this plan in an insolvency proceeding. It takes into account the time, size and ratio of creditor’s satisfaction as an indirect variable.

Zarys dziejów klasztoru św. Michała Archanioła mniszek dominikańskich w Kamieńcu Podolskim (1708–1866)

The outline of the history of St Michael the Archangel’s Monastery of Dominican nuns in Kamianets Podilskyi (1708–1866) The Dominican monastery in Kamianets Podilskyi was the last pre-partition foundation on Polish land established by the nuns of the Order of Preachers. Józef Mocarski, provincial prior of the Dominican Ruthenian province, in 1708 founded the monastery for the nuns of his order in the recently recovered from the Turks (on the strength of the Treaty of Karlowitz) Kamianets Podilskyi. It was the easternmost Catholic monastery. It included nuns only of noble Polish origin; they were daughters of Podolia noblemen. In 1721 the process of setting up the monastery was completed and it was also then that a small convent church was consecrated, whose patron became St Michael the Archangel (patron of Ruthenia and the Dominican Ruthenian province). The Dominican nuns from Kamianets led contemplative life in strict enclosure. The monastery did well until the decline of the Commonwealth of Poland. In 1787 the monastery was threatened with closing as part of the plans to modernize the Kamianets fortress, which was to be strengthened with the buildings of city convents. Eventually, the nuns were not displaced, as the reorganization plans were not carried out. In 1793 Kamianets Podilskyi was taken over by Russians and the partition period started. Although the monastery was wealthy, the Dominican nuns started to struggle with various problems. A crisis of vocations appeared, which in 1822 was overcome through bringing three nuns from the monastery in Novogrudok, but in 1833 the situation repeated itself. However, a monastery school was set up, which gave the nuns some financial support. In 1839 the last vestition of two nuns took place, and in 1842 on the strength of a tsar’s decree the novitiate was closed, which was an indication of the monastery’s near demise. The monastery obtained a long-range status and existed until the closure of the Kamianets diocese in 1866. Then eight Dominican nuns were sent to the Carmelite nuns of old observance in Dubno, where there was a long-range monastery. That status was lost in 1890 and then the nuns residing there were relocated to the Benedictine nuns monastery in Sandomierz. It was then that three years later the last Dominican nun from Kamianets, Joanna Austutowiczówna, died, closing the history of her convent.

Bilevel optimization for the reorganization of inland river ports: A niche perspective

Bilevel optimization for the reorganization of inland river ports: A niche perspective

Does the mixed‐ownership reform improve the productivity of state‐owned enterprises? Evidence from companies listed in Chinese stock

AbstractThe Chinese government initiated a new round of state‐owned enterprise (SOE) reform in 2015 to improve SOE's performance with a focus on introducing multiple ownership shareholders and strategic partners, known as the mixed‐ownership reform (MOR). This paper examines the policy effectiveness of the current MOR, an ongoing quasi‐experiment, for listed SOEs’ productivity from 2011 to 2019 using a time‐varying difference‐in‐difference (DID) approach. Overall, the total factor productivity (TFP) of SOEs selected as pilots by the government improved significantly by 14.57% after the reform compared to other SOEs, providing evidence for the positive role of the current MOR. This positive impact is prolonged and tends to increase in the post‐reform years. A series of robustness checks show that our empirical specification satisfies the basic assumptions of DID and our findings are robust. By comparing the two reform strategies in the MOR, we find that the restructuring and reorganization plan is the primary channel driving TFP growth, showing a 0.4% improvement after the reform, rather than the employee stock ownership plan. We also investigate the impact of MOR on other financial and non‐financial indicators, but we only find a significant increase in the profitability of SOEs’ assets.

DEVELOPMENT OF A WORKSHOP METHOD FOR CONSENSUS BUILDING ON THE REDUCTION OF THE PUBLIC FACILITIES

In reorganization of public facilities, there is no established method to get inhabitants’ consensus although it is the most important. This study develops the workshop method by case study in a largely merged city. The evaluation survey identified the need to share workshop objectives, importance of time allocation and discussion continuity in workshops, and the need to functional considerations in each room. Finally, we constructed a workshop flow model. In the first workshop they would discuss on from the whole to individual facilities, followed by facility evaluation and reorganization methods in next workshops. Then, the reorganization plan would be summarized.