Revue du Journal arabe des affaires et de la gestion

Business Restructuring ��? Step by Step Guidelines

Abstract

Hassan M. Abdulrahim

COVID-19 crisis that the world has witnessed during the past few months, and is still witnessing until now, has serious implications on most global businesses and economic activities. Such implications, represented by the forced closure of most businesses, have led such businesses to face an unprecedented dilemma, that is the dramatic decline in revenues and profits on the one hand, and the huge financial obligations and fixed costs on the other. Not to mention other adverse consequences such as the disruption in economic activities, pause of production and disruptions in supply chains for most companies and so on.