000			03084nam a22004215i 4500
001			978-3-658-02819-0
003			DE-He213
005			20200420211752.0
007			cr nn 008mamaa
008			130924s2014 gw | s |||| 0|eng d
020			_a9783658028190 _9978-3-658-02819-0
024	7		_a10.1007/978-3-658-02819-0 _2doi
050		4	_aHD28-70
072		7	_aKJC _2bicssc
072		7	_aBUS041000 _2bisacsh
082	0	4	_a658.4092 _223
100	1		_aDrescher, Frederik. _eauthor.
245	1	0	_aInsolvency Timing and Managerial Decision-Making _h[electronic resource] / _cby Frederik Drescher.
264		1	_aWiesbaden : _bSpringer Fachmedien Wiesbaden : _bImprint: Springer Gabler, _c2014.
300			_aXVII, 191 p. 35 illus. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aInInsolvency Timing as an Agency Problem -- Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision -- Experimental Testing of Interest Alignment Instruments.
520			_aFrederik 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 delayed insolvency filings and confirms it experimentally. Moreover, he analyzes different incentive instruments potentially leading to earlier insolvency filings.   Contents �         Insolvency Timing as an Agency Problem �         Financial Distress and Insolvency Timing �         Managerial Insolvency Timing Decision �         Experimental Testing of Interest Alignment Instruments       Target Groups �         Researchers and students in the field of business economics with a focus on corporate restructuring and decision theory �         Practitioners in corporate restructuring and insolvency professionals, managers and company owners     The Author Frederik Drescher holds a degree in Business Administration from WHU Otto Beisheim School of Management and wrote his doctoral thesis at Technische Universit�at M�unchen under the supervision of Prof. Dr. Gunther Friedl. He is a consultant with a special focus on corporate restructuring.
650		0	_aBusiness.
650		0	_aLeadership.
650	1	4	_aBusiness and Management.
650	2	4	_aBusiness Strategy/Leadership.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783658028183
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-658-02819-0
912			_aZDB-2-SBE
942			_cEBK
999			_c51367 _d51367