CRISFI21 - CRISIS, TURNAROUND STRATEGIES AND FINANCING

courses

ID:

CRISFI21

Duration (hours):

54

CFU:

SSD:

ECONOMIA AZIENDALE

Located in:

PESCARA

Url:

Course Details:

MANAGEMENT AND ECONOMICS/FINANZA AZIENDALE Year: 1

Year:

2025

Course Catalogue:

https://unich.coursecatalogue.cineca.it/af/2025?co...

Date/time interval

Secondo Quadrimestre (06/01/2026 - 14/04/2026)

Course Objectives

The course aims to develop the knowledge necessary for the
understanding and interpretation of the business crisis phenomenon and
specifically for:
- Diagnose the state of corporate crisis
- Plan the recovery strategy.
EXPECTED LEARNING
At the end of the course the student will have to possess knowledge and
skills related to business crisis phenomena and the formulation and
planning of recovery strategies.
Compared to the professional profile that the course of study aims to
train, the teaching is aimed at transmitting the following skills and
knowledge:
KNOWLEDGE AND UNDERSTANDING ABILITY
- distinguishes the crisis from the dysfunctional phenomena of the firm
- recognize the causes of the crisis
- distinguishes the forecasting and diagnosis tools of the firm’s crisis
- identifies the components of the recovery strategy
- distinguishes the phases of the turanaround process
- identifies the intervention actions that characterize the different phases
of the turnaround process.

KNOWLEDGE AND UNDERSTANDING (applied)
- applies the tools for forecasting and diagnosing firm’s crises
- plans the recovery strategy
AUTONOMY OF JUDGMENT
- expresses critical considerations on the crisis stage of the firm
- evaluates the recovery and turnaround strategy.
COMMUNICATION SKILLS
- uses managerial terminology related to the management of corporate
crisis processes.
ABILITY TO LEARN
- conducts individual research on specific aspects of the discipline in
order to deepen their knowledge in terms of the evolution of the
legislation and guidelines drawn up by accounting practice.

Course Prerequisites

Although no preliminary exams are required, the basic knowledge of the corporate strategy, accounting and financial statements is recommended.

Teaching Methods

The course is structured in 54 hours of classroom lessons divided into theoretical lessons, seminars, exercises and analysis of case studies aimed at pursuing the objectives of the course.

Assessment Methods

The assessment of the level of learning will be carried out:

1. with the use of a written in-progress test (optional choice for the student) and a subsequent colloquium.
The written test is divided into multiple-choice questions on the program topics and exercises related to the application of business crisis diagnosis
tools. This test is aimed at probing "knowledge" and "know-how" (Dublin Descriptors 1 and 2). It represents 80% of the overall assessment (expressed in thirtieths) articulated in relation to the educational objectives to be evaluated. The colloquium (20% of the overall assessment) is aimed at probing the
interdisciplinary communication skills and critical analysis of the business crisis. The examination procedures are the same for attending and nonattending students.
2. For students who do not take the in-progress test, only the colloqium is scheduled.

Texts

Book recommended by the teacher :

S. Migliori, LA CRISI AZIENDALE. Strumenti di diagnosi e strategie di risanamento. Franco Angeli, MIlano (in corso di stampa)
or, alternatively, the following:
Danovi A., Quagli A., (a cura di), Gestire la crisi d'impresa. Processi e strumenti di risanamento, IPSOA, Collana Gestione Aziendale &
Management, 2015.

The course of teaching contributes to the pursuit of the general objective
of the course of study to provide students with advanced knowledge and
skills both with respect to the operating conditions of the companies and
with respect to the main dimensions of the context in which the
companies operate.
Contents of the course program:
1. Crisis and disfunction of the firm
2. Business crisis: concept, types, risk factors
3. Causes of business crisis
4. Instruments for diagnosis of the crisis
5. Crsis management
6. Recovery strategies
7. Financial strategies
8. Turnaround process
9. Refrerences to legislation and accounting practice.

Course Language

Italian

More information

All information regarding the course, the lecture notes, the support materials and all communications will take place through the e-learning page.
Erasmus students are invited to contact the teacher for their program.
Student office hours: 9.00-11.00 am (office hours outside these hours will be held by appointment with the teacher by email)