Insolvency Timing and Managerial Decision-Making
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...
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| Συγγραφή απο Οργανισμό/Αρχή: | |
| Μορφή: | Ηλεκτρονική πηγή Ηλ. βιβλίο |
| Γλώσσα: | English |
| Έκδοση: |
Wiesbaden :
Springer Fachmedien Wiesbaden : Imprint: Springer Gabler,
2014.
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| Διαθέσιμο Online: | Full Text via HEAL-Link |
Πίνακας περιεχομένων:
- InInsolvency Timing as an Agency Problem
- Financial Distress and Insolvency Timing.- Managerial Insolvency Timing Decision
- Experimental Testing of Interest Alignment Instruments.