The effect of corporate restructuring on company performance : a case study of Moroccan listed companies
For over two years now, the Covid-19 pandemic has plunged the world into a health, social and economic crisis of exceptional magnitude. Several Moroccan companies listed on the stock exchange have experienced difficulties. Faced with these difficulties, whether financial or not, a company must take corrective measures, the generic term of which is restructuring. These actions are most often grouped together in a plan that combines operational and financial measures capable of maintaining the competitiveness of the firm and increasing its performance to ensure the immediate survival of the company. The results of our quantitative study conducted on a sample of 48 Moroccan companies in difficulty listed on the Casablanca stock exchange over the period 2019-2021 show that the implementation of restructuring measures has a positive impact on company performance. This article aims to identify the various causes and origins of business failure in order to explain the preventive measures taken by them and better understand the impact of these restructuring measures on performance through the various conclusions issued by theorists having addressed this issue.