Study on Practical Aspects of Reorganization Operations

Author:Alexandra LAZĂR, Ph. D., Monica AVRAM, Ph. D. Student

JEL: M 490

DOI:

Keywords:merger, division, evaluation of companies, exchange ratio, book value, fair value, type of control

Abstract:
The current article analyzes key issues involved in restructuring operations, in reference to national legislation.\r\nIn this context the authors have considered the provisions of Law no. 31/1990, republished, with subsequent amendments as well as the accounting norms regarding main operations of merger, division, dissolution and liquidation of companies and the withdrawal or the exclusion of shareholders and their tax treatment, approved by Ministry of Public Finance no. 1376/2004.\r\nThe study followed the way national accounting rules are applied in order to establish a possible connection between the selection of methods used to determine the exchange ratio and how is made the transfer of assets and liabilities for accounting purposes, pending to the conditions in which these operations are realized.\r\n\r\n

---