Corporate restructuring is the essential of many economic subjects in the modern
society. By choosing the appropriate strategies and techniques for company
restructuring, the performance could be improved, and additional value for the
shareholders could be created. Adverse changes in the capital and product markets,
competition strengthening and insufficiently successful management, are common
reasons for undertaking numerous activities aimed to basic changes in corporate
structure. Changes in management structure, and the forming of a competent
leading team impact on decision-making process improvement, and consequently, on
strengthening the quality of corporate governance. The aim of this chapter is to
analyse the managers' competence and modern information systems, as tools to
improve decision-making process. This chapter emphasize the importance of
professional and ethical values to improve the effectiveness of decision-making
process, giving special attention to the mechanisms of managers’ control.
Mechanisms of professional and independent supervision, along with ethic codex and
proper motivation system allows the creation of partnership environment where
managers, conducting business in the interests of company owners and other
stakeholders, keep working in their favour. The rest of the chapter highlights the
need for information system that provide promptly respond to the managers’\ud
requirements with relevant information, giving particular reference to the decision
support system and BSC system. The separate part of the chapter presents a
contribution of cash flow analysis to improving decision-making process, by analysing cash flow performance measures and cash flow analysis in function of individual
decision-making
