Knowledge Management and Business Rescue in South Africa: A Systematic Literature Review

Abstract

The business rescue law, in the South African Companies Act, No. 71 of 2008 was designed to alleviate the challenges facing distressed companies. The purpose of the paper is to provide a coherent synthesis of the systematic literature review on the incorporation of knowledge management into the business rescue practices in South Africa. Scholarly databases were searched to identify papers on knowledge management and business rescue in South Africa, which resulted in initial of 1961 papers. Exclusion criteria was applied, and it emerged that 12 papers were relevant for the study. Findings indicate the business rescue is a relatively new field in academic research and that there is a need to conduct further research on knowledge management pillars used in the business process by practitioners and the executives of distresses companies. The paper concludes that study findings can serve as guidance for improving practice notes and procedures in the industry.