The global research stems from the relevance of the global economic crisis which is affecting companies to an increasing extent. In particular, the frequency with which insolvency situations occur provides a stimulus for the development and analysis of themes concerning the prediction and prompt identification of situations considered to be at risk, in order to implement all the activities necessary to prevent them or to set up turnaround processes.
The success of a company turnaround obviously also depends, to a significant degree, on early identification of the insolvency symptoms with the creation, where possible, of reference categories; when these occur, the companies and the stakeholders most involved can take constructive steps to promptly identify lines of action. Once an insolvency situation has been identified, the companies must be able to deal with it effectively and with the correct timing, intervening on the causal factors which are often connected with management decisions that are not correct or are not coherent with the complexity of the competitive context.