Identifying the Need for a Turnaround
Jagdish B Acharya, Consultant, India, Premium Member
One of the most common way to know that a turnaround need exists comes from auditors or shareholders
through some damning reactions. When the share price falls down drastically
, it is a sure sign of need for turnaround. But it may be too late to get fast relief. Let us look at other signs or reports which may point to the first step of need for turnaround action.