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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Päätekijä: Drescher, Frederik. (Tekijä, http://id.loc.gov/vocabulary/relators/aut)
Yhteisötekijä: SpringerLink (Online service)
Aineistotyyppi: Elektroninen E-kirja
Kieli:English
Julkaistu: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2014.
Painos:1st ed. 2014.
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Linkit:https://doi.org/10.1007/978-3-658-02819-0
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Sisällysluettelo:
  • InInsolvency Timing as an Agency Problem
  • Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision
  • Experimental Testing of Interest Alignment Instruments.