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Business management in the era of prevention and sustainability

The reform of the corporate crisis regulation has highlighted debt sustainability and its management as the main conditions to safeguard the going concern.

The new forward-looking approach to corporate crisis management aims to prevention and timeliness as the cornerstones of the legal management model of companies.

The adequacy of the so-called internal governance, i.e. of organizational, administrative, and accounting structure, has become the new management model, both as legal obligation and as opportunity for entrepreneurs to ensure a correct and efficient performance of the business activity.

 

Overview - From internal governance to integrated compliance for corporate sustainability

By Gabriele Felici - Partner Bernoni Grant Thornton

The recent reform of the corporate crisis regulation (Legislative Decree no. 14/2019) has highlighted debt sustainability and its management as the main conditions to safeguard the going concern. The new [...]

 

Expert's Opinion - The “negotiated settlement of the business crisis”

By Fabrizio Garofoli - Head of Insolvency Bernoni Grant Thornton

The so-called “negotiated settlement of the business crisis” is a new crisis settlement instrument introduced with Law Decree no. 118/2021 (turned into Law no. 147/2021), in a particular moment of the [...]

 

Focus on - The bank-enterprise relationship

By Simone Bevilacqua - Manager Bernoni Grant Thornton

The Italian production system, made up mainly of small and medium enterprises, has historically been characterized by a strong dependence on bank debt, with a subsequent need for companies to have stable [...]