000695581 000__ 02805cam\a2200457Ki\4500 000695581 001__ 695581 000695581 005__ 20230306135447.0 000695581 006__ m\\\\\o\\d\\\\\\\\ 000695581 007__ cr\cnu---unuuu 000695581 008__ 131014t20132014gw\\\\\\omb\\\000\0\eng\d 000695581 020__ $$a9783658028190 $$qelectronic book 000695581 020__ $$a365802819X $$qelectronic book 000695581 020__ $$z9783658028183 000695581 0247_ $$a10.1007/978-3-658-02819-0$$2doi 000695581 035__ $$aSP(OCoLC)ocn860705418 000695581 035__ $$aSP(OCoLC)860705418 000695581 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dYDXCP$$dN$T$$dCOO$$dE7B 000695581 049__ $$aISEA 000695581 050_4 $$aHG3761 000695581 08204 $$a658.152$$223 000695581 1001_ $$aDrescher, Frederik,$$eauthor. 000695581 24510 $$aInsolvency timing and managerial decision-making$$h[electronic resource] /$$cFrederik Drescher ; with a foreword by Professor Dr. Gunther Friedl. 000695581 264_1 $$aWiesbaden :$$bSpringerGabler,$$c[2013?] 000695581 264_4 $$c©2014 000695581 300__ $$a1 online resource. 000695581 336__ $$atext$$btxt$$2rdacontent 000695581 337__ $$acomputer$$bc$$2rdamedia 000695581 338__ $$aonline resource$$bcr$$2rdacarrier 000695581 502__ $$bPh.D.$$cTechnische Universität München,$$d2013. 000695581 504__ $$aIncludes bibliographical references. 000695581 5050_ $$aInsolvency Timing as an Agency Problem -- Financial Distress and Insolvency Timing -- Managerial Insolvency Timing Decision -- Interest alignment instrumetns of shareholers -- Experimental testing of interest alignment instruments. 000695581 506__ $$aAccess limited to authorized users. 000695581 520__ $$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. 000695581 588__ $$aDescription based on print version record. 000695581 650_0 $$aBankruptcy. 000695581 650_0 $$aBusiness enterprises$$xFinance$$xDecision making. 000695581 77608 $$iPrint version:$$aDrescher, Frederik, author.$$tInsolvency timing and managerial decision-making$$z9783658028183$$w(OCoLC)857525327 000695581 85280 $$bebk$$hSpringerLink 000695581 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-658-02819-0$$zOnline Access 000695581 909CO $$ooai:library.usi.edu:695581$$pGLOBAL_SET 000695581 980__ $$aEBOOK 000695581 980__ $$aBIB 000695581 982__ $$aEbook 000695581 983__ $$aOnline 000695581 994__ $$a92$$bISE