Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe
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| Format: | research article |
| Language: | English |
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IGI Global
2023
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| Online Access: | https://cris.library.msu.ac.zw//handle/11408/5426 |
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| author | Mufaro Dzingira Neeta Baporikar |
| author2 | Midlands State University, Zimbabwe |
| author_facet | Midlands State University, Zimbabwe Mufaro Dzingira Neeta Baporikar |
| author_sort | Mufaro Dzingira |
| collection | DSpace |
| description | Abstract |
| format | research article |
| id | ir-11408-5426 |
| institution | My University |
| language | English |
| publishDate | 2023 |
| publisher | IGI Global |
| record_format | dspace |
| spelling | ir-11408-54262023-03-21T15:35:10Z Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe Mufaro Dzingira Neeta Baporikar Midlands State University, Zimbabwe Namibia University of Science and Technology, Namibia & SP Pune University, India) Financial Restructuring Commercial Banks Performance Corporate restructuring Random effects model (REM) Zimbabwe Abstract Corporate restructuring has gained considerable salience in strategic management in recent years. Effective corporate restructuring has permitted strategic managers of ailing organizations to regain their competitive advantage. Specifically, financial restructuring is one of the key pillars of corporate restructuring. Prior research on the nexus between financial restructuring and performance of commercial banking institutions in developed and developing nations has yielded inconclusive empirical evidence. Therefore, the focus of this study is to examine the nexus between financial restructuring and performance of commercial banks in Zimbabwe. This study employs the random effects model (REM) by making use of 2011-2016 panel data from 10 commercial banks. Empirical evidence establishes that financial restructuring has a positive influence on performance of commercial banks. The study, therefore, recommends that the management of commercial banks should embrace a conservative approach by increasing equity financing so as to avoid bank failures. 9 1 1 13 2023-03-21T15:35:09Z 2023-03-21T15:35:09Z 2022 research article https://cris.library.msu.ac.zw//handle/11408/5426 10.4018/IJCFA.312567 en International Journal of Corporate Finance and Accounting (IJCFA) 9(1) 2334-4628 open IGI Global |
| spellingShingle | Financial Restructuring Commercial Banks Performance Corporate restructuring Random effects model (REM) Zimbabwe Mufaro Dzingira Neeta Baporikar Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title | Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title_full | Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title_fullStr | Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title_full_unstemmed | Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title_short | Financial Restructuring and Commercial Banks Performance Nexus in Zimbabwe |
| title_sort | financial restructuring and commercial banks performance nexus in zimbabwe |
| topic | Financial Restructuring Commercial Banks Performance Corporate restructuring Random effects model (REM) Zimbabwe |
| url | https://cris.library.msu.ac.zw//handle/11408/5426 |
| work_keys_str_mv | AT mufarodzingira financialrestructuringandcommercialbanksperformancenexusinzimbabwe AT neetabaporikar financialrestructuringandcommercialbanksperformancenexusinzimbabwe |