Author/Authors :
ZOR, İsrafil Kırıkkale Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - Muhasebe ve Finansman Bölümü, Turkey , BOZKURT, İbrahim Çankırı Karatekin Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - Bankacılık ve Finans Bölümü, Turkey , ÖKSÜZ, Sezer Çankırı Karatekin Üniversitesi - Meslek Yüksek Okulu - Finans Bankacılık ve Sigortacılık Bölümü, Turkey
Title Of Article :
SUGGESTION TO RESOLVE OF THE REQUIREMENTS FOR SUSPENSION OF BANKRUPTCY: FIRM VALUE DRIVEN APPROACH
Abstract :
Legal arrangements envisaged to prevent problems that can arise as a result of bankruptcy, permits financial situation correction efforts of financially deteriorating firms under some conditions. A firm who is in attempt of correction of financial situation, requests suspension of bankruptcy from law court with the recruitment project they possessed. This study explains to law court and experts which way in decision about firms who demands bankruptcy suspension is needed to follow. As a result of the study it has been shown that in acceptance and rejection of bankruptcy suspension demands besides financial analysis, firm assessment methods, determination of effects of recruitment projects on firm value and as firm valuation approach FCFF method should have been used and also the people who are going to make assessment must be expert on the issue.
NaturalLanguageKeyword :
Suspension of Bankruptcy , Reorganization Plan , Firm Value , Free Cash Flow to Firm
JournalTitle :
Journal Of Economics and Administrative Sciences, Ataturk University
