Financial Distress, Corporate Restructuring and Firm Survival

Financial Distress, Corporate Restructuring and Firm Survival
Author: Philipp Jostarndt
Publisher: Springer Science & Business Media
Total Pages: 212
Release: 2007-11-17
Genre: Business & Economics
ISBN: 3835094378

Philipp Jostarndt studies distress-induced changes in ownership and control, success factors in distressed equity infusions, and firms’ choice between in- and out-of-court debt restructurings. In addition, he analyzes the determinants of survival, acquisition, and bankruptcy as alternative paths to exit financial distress. He includes both the firm perspective as well as the market valuations of the undertaken restructurings and, where applicable, relates the findings to the microstructure of Germany’s revised bankruptcy legislation.

Financial Distress and Corporate Turnaround

Financial Distress and Corporate Turnaround
Author: Martin Schmuck
Publisher: Springer Science & Business Media
Total Pages: 176
Release: 2013-11-18
Genre: Business & Economics
ISBN: 3658019085

​The work of Martin Schmuck empirically investigates the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive suppliers, the effectiveness of managerial, operational, financial, and asset restructuring activities is analyzed in a multivariate research setting. Archetypes for successful turnarounds are identified and matched with strategies of non-distressed companies.

Corporate Financial Distress

Corporate Financial Distress
Author: Alberto Tron
Publisher: Emerald Group Publishing
Total Pages: 129
Release: 2021-01-21
Genre: Business & Economics
ISBN: 1839829826

Financial distress and crises for businesses can be used to implement substantial organizational changes and turnaround the damage done to achieve financial equilibrium in the short term and financial stability in the long term. Plans, methodology and tools are provided here to examine how this turnaround can be achieved.

Resolution of Financial Distress

Resolution of Financial Distress
Author: Stijn Claessens
Publisher: World Bank Publications
Total Pages: 428
Release: 2001-01-01
Genre: Law
ISBN: 9780821349069

The understanding of the economic and legal structure of the institutions of bankruptcy has increased considerably over the past decade. This publication describes the state of current knowledge. Containing both theoretical studies and evidence from recent case studies, it shows the possibilities and methods of legal reform and the pitfalls of misguided political action.

Crisis and Turnaround in German Medium-Sized Enterprises

Crisis and Turnaround in German Medium-Sized Enterprises
Author: Thomas Wittig
Publisher: Springer
Total Pages: 417
Release: 2016-11-08
Genre: Business & Economics
ISBN: 3658163860

Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author collected a sample of 209 turnaround cases of German medium-sized companies from restructuring experts working for German banks. Employing a variety of carefully selected statistical analyses he identifies key factors for turnaround success and finds specific archetypes of crises and turnaround. The study concludes with an analysis of the impact of a successful turnaround on the family firms within his sample. Based on the study’s insights he provides both, recommendations for future research and a set of practical implications for all relevant stakeholders of a turnaround situation.

Corporate Financial Distress, Restructuring, and Bankruptcy

Corporate Financial Distress, Restructuring, and Bankruptcy
Author: Edward I. Altman
Publisher: John Wiley & Sons
Total Pages: 371
Release: 2019-02-27
Genre: Business & Economics
ISBN: 1119481813

A comprehensive look at the enormous growth and evolution of distressed debt markets, corporate bankruptcy, and credit risk models This Fourth Edition of the most authoritative finance book on the topic updates and expands its discussion of financial distress and bankruptcy, as well as the related topics dealing with leveraged finance, high-yield, and distressed debt markets. It offers state-of-the-art analysis and research on U.S. and international restructurings, applications of distress prediction models in financial and managerial markets, bankruptcy costs, restructuring outcomes, and more.

Agglomeration and Firm Performance

Agglomeration and Firm Performance
Author: Fiorenza Belussi
Publisher: Springer
Total Pages: 323
Release: 2018-08-10
Genre: Business & Economics
ISBN: 3319905759

This contributed volume studies and explains the effect of agglomeration on a firm’s innovation and performance. It presents new cases as well as new topics within the agglomeration phenomenon, exploring also their role under the Great Recession. Beyond the analysis of regions or clusters, this volume focuses on firms within agglomerations and captures this phenomenon from different perspectives, contexts and diverse literatures. Specifically, it looks at the question under what circumstances exert generate benefits on firms’ performance, and how those gains are generated and distributed, usually asymmetrically, across agglomerated firms. In this context, the book addresses topics such as networks, collocation, labor mobility, firm’s strategies, innovation, competitiveness and collective actions across a diverse set of literatures, including economic geography, business economics, management, social networks, industrial districts, international business, sociology or industry dynamics.

Legitimacy Needs as Drivers of Business Exit

Legitimacy Needs as Drivers of Business Exit
Author: Carolin Decker
Publisher: Springer Science & Business Media
Total Pages: 195
Release: 2008-08-28
Genre: Business & Economics
ISBN: 3834997595

Carolin Decker develops and empirically applies a framework in which business exits serve the purpose of re-establishing a firm’s previously harmed legitimacy. Her findings support the idea that legitimacy needs drive the likelihood of fit-enhancing business exits in divesting firms.

Research Handbook of International Talent Management

Research Handbook of International Talent Management
Author: Yipeng Liu
Publisher: Edward Elgar Publishing
Total Pages: 489
Release: 2019
Genre: Business & Economics
ISBN: 1786437104

International talent management has become a critically important topic for scholarly discussion, in policy debates, and among the business community. Despite this, however, research into talent management tends to lack theoretical underpinnings, especially from an international, multidisciplinary, and comparative perspective. This Research Handbook fills this gap, bringing together a range of leading researchers, scholars, and thinkers to debate and advance the conceptualization and understanding of this multifaceted subject.