"Corporate Restructuring aims at significant change in a Company's business model, management team or financial structure to address challenges and increase shareholders' value." Elucidate the statement with relevance to

Corporate Restructuring is the process of significantly changing a company's business model, management team or financial structure to address challenges and increase shareholder value. Restructuring may involve major layoffs or bankruptcy, though restructuring is usually designed to minimize the impact on employees, if possible. Restructuring may involve the company's sale or a merger with another company. Companies use restructuring as a business strategy to ensure their long-term viability. Shareholders or creditors might force a restructuring if they observe the company's current business strategies as insufficient to prevent a loss on their investments. The nature of these threats can vary, but common catalysts for restructuring involve a loss of market share, the reduction of profit margins or declines in the power of their corporate brand. Other motivators of restructuring include the inability to retain talented professionals and major changes to the market place that directly impact the corporation's business model. Corporate Restructuring is concerned with arranging the business activities of the corporate as a whole so as to achieve certain pre-determined objectives at corporate level. Thus, the objectives of triggering Corporate Restructuring is to orderly direct the activities, deploying surplus cash from one business to finance profitable growth in another, exploiting inter-dependence among present or prospective businesses within the corporate portfolio, risk reduction and development of core competencies.