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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| Formato: | Recurso Eletrônico livro eletrônico |
| Idioma: | English |
| Publicado em: |
Wiesbaden :
Springer Fachmedien Wiesbaden : Imprint: Springer Gabler,
2014.
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| Edição: | 1st ed. 2014. |
| Assuntos: | |
| Acesso em linha: | https://doi.org/10.1007/978-3-658-02819-0 |
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Sumário:
- InInsolvency Timing as an Agency Problem
- Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision
- Experimental Testing of Interest Alignment Instruments.