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Insolvency Timing and Managerial Decision-Making by Frederik Drescher
Insolvency Timing and Managerial Decision-Making by Frederik Drescher
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Insolvency Timing and Managerial Decision-Making

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$151.00
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Description

​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.

Author Biography:

Frederik Drescher holds a degree in Business Administration from WHU Otto Beisheim School of Management and wrote his doctoral thesis at Technische Universität München under the supervision of Prof. Dr. Gunther Friedl. He is a consultant with a special focus on corporate restructuring.
Release date NZ
October 2nd, 2013
Audience
  • Professional & Vocational
Illustrations
35 Illustrations, black and white; XVII, 191 p. 35 illus.
Pages
191
Dimensions
148x210x12
ISBN-13
9783658028183
Product ID
21406429

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