Frederik Drescher

eBook, PDF

Insolvency Timing and Managerial Decision-Making (eBook, PDF)

Beschreibung

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 delayed insolvency filings and confirms it experimentally. Moreover, he analyzes different incentive instruments potentially leading to earlier insolvency filings.

Technische Details

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• Größe: 7.5MB

Barrierefreiheit

• Text-to-Speech

Autor

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.

Produktdetails

• Verlag: Springer Fachmedien Wiesbaden
• Seitenzahl: 191
• Erscheinungstermin: 25. September 2013
• Englisch
• ISBN-13: 9783658028190
• Artikelnr.: 43856317