Insolvency Timing and Managerial Decision-Making

Paperback Engels 2013 2014e druk 9783658028183
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

​Frederik Drescher addresses the timing of non-mandatory insolvency filings based on threatening illiquidity (§ 18 InsO) with the aim of a company's restructuring as an agency problem between owners and management. The hypothesis of a tendency towards delayed insolvency filings, which was developed using a decision model, is experimentally confirmed. Moreover, the author analyzes different incentive instruments potentially leading to earlier insolvency filings.

Specificaties

ISBN13:9783658028183
Taal:Engels
Bindwijze:paperback
Aantal pagina's:191
Uitgever:Springer Fachmedien Wiesbaden
Druk:2014

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Inhoudsopgave

InInsolvency Timing as an Agency Problem.- Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision.- Experimental Testing of Interest Alignment Instruments.

Managementboek Top 100

Rubrieken

    Personen

      Trefwoorden

        Insolvency Timing and Managerial Decision-Making