Financial Distress, Corporate Restructuring and Firm Survival An Empirical Analysis of German Panel Data /

• Main Author: Jostarndt, Philipp (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : DUV, 2007.
• Subjects: Business.; Leadership.; Finance.; Business and Management.; Business Strategy/Leadership.; Finance, general.

The economic ramifications of corporate financial distress and bankruptcy have recently gained much attention in academic as well as public policy debates. But empirical evidence on how firms encounter and respond to distress has remained sparse and inconclusive. Philipp Jostarndt analyzes the anato...

Table of Contents:

• Data selection and sample descriptives
• Financial distress, corporate control, and management turnover: A German panel analysis
• Of bail-outs and bankruptcies: An empirical study of distressed debt restructurings in Germany
• Claimholder conflicts in distressed equity offerings: Evidence from German restructurings
• A study of firm exit and survival in financial distress.