Moreover, restructuring seldom results in fundamental business improvements. At best, it buys time. One study of 16 large U.S. companies with at least three years of restructuring experience found that while restructuring usually did raise a company’s share price, such improvement was almost always temporary. Three years into restructuring, the share prices of the companies surveyed were, on average, lagging even further behind index growth rates than they had been when the restructuring effort began.