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RESTRUCTURING OF TOWN-FORMING ORGANIZATIONS: HOUSING AND UTILITY ASPECT

https://doi.org/10.17747/2078-8886-2014-5-70-75

Abstract

The most important direction of improving of financial stability of town-forming organizations in non-diversified towns is restructuring. A set of measures is implemented during restructuring in order to improve the effectiveness of using property, a property complex, to create appropriate conditions for business, the reforming of structural subdivisions, a system of control, is carried out, as well as debt restructuring. However, restructuring in the form of separation of “independent” business units in non-core and inefficient activities, which are technologically connected with the main production of a town-forming enterprise, is inefficient, because in fact they cannot operate independently and, consequently, become a serious problem for the economy of monotowns.

About the Authors

А. N. Ryahovskaya
University of Finance at the Government of the Russian Federation; Institute of Economics and Anti-Crisis Management
Russian Federation

Doctor of Science, Economics, Head of the Department “Economics and Anti-Crisis Management”; Rector of the Institute of Economics and Anti-Crisis Management.

Author of textbooks, teaching aids and monographs in foreign and Russian publications. A Member of Sub-committee on Anti-Crisis Management and Distressed Debts of Business Activity Safety Committee of the Chamber of Trade and Commerce of the Russian Federation, a Member of Scientific-Consulting Board of the Federal Service for State Registration, Cadastre and Mapping of the Russian Federation, a Member of Sub-committee on Establishment of Talent Pool in the field of intellectual property management in the Chamber of Trade and Commerce of the Russian Federation. Honored economist of the Russian Federation. Academician of Russian Engineering Academy. Associate Member of Pamphilov House and Utility Academy. Vice-President of National Scientific-Expert Board for Self-Regulation and Regulation.



S. Е. Кovan
Financial University under the Russian Federation Government
Russian Federation

Ph. D. (Technical Sciences), Professor of “Economics and Anti Crisis Management” Chair

Formerly employed as a Deputy Head of the Federal Service of Russia for Financial Recovery and Bankruptcy. Author of scientific monographs, educational aids and articles on anti crisis management problems. Participated in scientific research projects carried out by the Financial University for the benefits of the RF Government, the RF Ministry of Economy, the RF Ministry of Agriculture, the Moscow Department of Science and Industry and other institutions and organizations. Accredited by “Interregional Self-Regulating Organization of Professional Arbitration Managers” ANO in the capacity of a person carrying out consulting activities in implementation of companys’ bankruptcy procedures.



О. G. Kryukova
Financial University under the Government of the Russian Federation
Russian Federation
Deputy Head of Chair of “Economics and Anti-crisis management”, professor of the Chair, Ph.D. in Economics. She deals with problems of risk, improving stability and performance efficiency of the enterprise. Has publications in Russian and foreign editions. She carries out an active research work.


References

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2. Роль государственных программ в развитии моногородов (2014). М.: Магистр. 272 с.

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Review

For citations:


Ryahovskaya А.N., Кovan S.Е., Kryukova О.G. RESTRUCTURING OF TOWN-FORMING ORGANIZATIONS: HOUSING AND UTILITY ASPECT. Strategic decisions and risk management. 2014;(5):70-75. (In Russ.) https://doi.org/10.17747/2078-8886-2014-5-70-75

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ISSN 2618-947X (Print)
ISSN 2618-9984 (Online)