0704-883-0675     |      dataprojectng@gmail.com

An Investigation of Corporate Restructuring and Business Turnaround: A Study of Failing Companies in Sokoto State

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style:
  • Recommended for :
  • NGN 5000

Background of the Study

Corporate restructuring has become a critical approach for reviving failing businesses and positioning them for improved performance. It involves comprehensive changes to the structure, strategy, operations, or financial management of a company to restore profitability and long-term viability (Olowe & Aliyu, 2023).

In Sokoto State, several companies face challenges such as declining revenue, inefficiencies, and poor management practices. These issues are further compounded by economic volatility, limited access to capital, and intense competition (Bello & Yusuf, 2024). Corporate restructuring provides a viable pathway for such organizations to improve operational efficiency, reduce costs, and regain market share.

This study examines the impact of corporate restructuring on business turnaround in failing companies in Sokoto State, highlighting key strategies that have proven effective.

Statement of the Problem

The rate of business failure in Sokoto State has been on the rise due to factors such as poor governance, weak financial management, and external market shocks. While corporate restructuring has been recognized as a solution, its adoption remains limited, with many companies unable to execute effective turnaround strategies (Abdulkadir et al., 2025).

Existing literature on corporate restructuring primarily focuses on global or national contexts, leaving a research gap in understanding how restructuring strategies affect failing companies at the state level. This study seeks to fill this gap by exploring corporate restructuring practices in Sokoto State and their influence on business recovery.

Objectives of the Study

  1. To examine the role of corporate restructuring in business turnaround for failing companies in Sokoto State.
  2. To identify the types of restructuring strategies employed by these companies.
  3. To evaluate the challenges faced during the restructuring process.

Research Questions

  1. How does corporate restructuring influence business turnaround in failing companies in Sokoto State?
  2. What restructuring strategies are commonly employed by failing companies?
  3. What challenges do companies face during the restructuring process?

Research Hypotheses

  1. Corporate restructuring significantly impacts the turnaround of failing companies.
  2. Operational restructuring strategies positively affect business recovery.
  3. Challenges in implementing restructuring negatively influence the success of turnaround efforts.

Scope and Limitations of the Study

The study focuses on failing companies in Sokoto State, from 2023 to 2025, examining the relationship between corporate restructuring and business recovery. It excludes companies outside Sokoto State and successful businesses that do not require restructuring. Limitations include data availability and the unwillingness of companies to disclose sensitive restructuring details.

Definitions of Terms

  • Corporate Restructuring: The process of reorganizing a company's structure, operations, or finances to improve efficiency and performance.
  • Business Turnaround: The recovery of a failing business to a state of profitability and stability.
  • Failing Companies: Businesses experiencing financial distress or operational inefficiencies that threaten their sustainability.




Related Project Materials

AN ASSESSMENT OF SOCIO-PSYCHOLOGICAL APPROACH TO THE ANALYSIS OF TEACHING METHODS AND LEARNING IN ADULT EDUCATION PROGRAMMES IN THE ENUGU STATE

BACKGROUND OF THE STUDY

Adult education is a process in which adults engage in systematic and organized...

Read more
THE EFFECT OF MARITAL CONFLICTS ON THE ACADEMIC PERFORMANCE OF STUDENTS

ABSTRACT

This research project on marital conflict is aimed at scamming the issue of marital conflict on the academic pe...

Read more
Comparative Study of AI-Powered Teaching Assistants in University Lecture Halls in Abubakar Tafawa Balewa University, Bauchi, Bauchi State

Background of the study

The integration of AI in educational settings has been rapidly growing, particularly with the use of AI-powered t...

Read more
IMPACT OF TEACHING PRACTICE ON THE PRODUCTIVITY OF QUALITY TEACHERS

ABSTRACT

Teaching profession is one of many professions that specifically deals with the growth and dev...

Read more
An Evaluation of Safety Compliance in Construction Industries in Kaduna State

Background of the Study

The construction industry is one of the most hazardous sectors worldwide, with...

Read more
An Investigation of the Impact of Internal Auditing on Corporate Accountability in Kano State

Background of the Study

Internal auditing is a fundamental component of corporate governance, designed...

Read more
THE EFFECT OF STAFF WELFARE SCHEME ON EMPLOYEE PRODUCTIVITY

 

ABSTRACT

The Nigerian Local Government system has been fraught with a lot of problems since its incepti...

Read more
The Effect of Cloud Computing on Data Accessibility in Nigerian SMEs: A Case Study of Firms in Kwara State

Background of the Study

Cloud computing has become an essential technology for small and medium-sized enterprises (SMEs)...

Read more
Role of Cost Accounting in Monitoring Agricultural Subsidy Programs in Bauchi Local Government Area

Background of the Study

Agricultural subsidy programs are an essential component of government policy aimed at enhancing agricultural pro...

Read more
The Effect of Emergency Preparedness Training on Hospital Response to Mass Casualties in Borno State

Background of the Study

Emergency preparedness training is vital for ensuring that healthcare facilities can effectively manage mass casu...

Read more
Share this page with your friends




whatsapp