书目名称 | Insolvency Timing and Managerial Decision-Making |
编辑 | Frederik Drescher |
视频video | |
概述 | Publication in the field of economic sciences.Includes supplementary material: |
图书封面 |  |
描述 | 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. |
出版日期 | Book 2014 |
关键词 | Experiment; Financial Distress; Insolvency Proceedings; Interest Alignment Instruments; Managerial Decis |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-658-02819-0 |
isbn_softcover | 978-3-658-02818-3 |
isbn_ebook | 978-3-658-02819-0 |
copyright | Springer Fachmedien Wiesbaden 2014 |