TY  - GEN
AB  - 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. 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.
AU  - Drescher, Frederik,
CN  - SpringerLink
CN  - HG3761
DO  - 10.1007/978-3-658-02819-0
DO  - doi
ID  - 695581
KW  - Bankruptcy.
KW  - Business enterprises
LK  - https://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-658-02819-0
N2  - 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. 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.
SN  - 9783658028190 
SN  - 365802819X 
T1  - Insolvency timing and managerial decision-making
TI  - Insolvency timing and managerial decision-making
UR  - https://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-658-02819-0
ER  -