Insolvency Timing and Managerial Decision-Making

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. Using a decision model, the author develops the hypothesis of a tendency towards...

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Bibliografiske detaljer
Hovedforfatter: Drescher, Frederik. (Author, http://id.loc.gov/vocabulary/relators/aut)
Institution som forfatter: SpringerLink (Online service)
Format: Electronisk eBog
Sprog:English
Udgivet: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2014.
Udgivelse:1st ed. 2014.
Fag:
Online adgang:https://doi.org/10.1007/978-3-658-02819-0
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Indholdsfortegnelse:
  • InInsolvency Timing as an Agency Problem
  • Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision
  • Experimental Testing of Interest Alignment Instruments.