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- Author: Frederik Drescher
- Publisher: Springer Gabler
- Year: 2013
- Pages: 191
- ISBN-10: 3658028181
- ISBN-13: 9783658028183
- Format: 14.8 x 21 x 1.2 cm, minkšti viršeliai
- Language: English
- SAVE -10% with code: EXTRA
Insolvency Timing and Managerial Decision-Making (e-book) (used book) | bookbook.eu
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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.
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- Author: Frederik Drescher
- Publisher: Springer Gabler
- Year: 2013
- Pages: 191
- ISBN-10: 3658028181
- ISBN-13: 9783658028183
- Format: 14.8 x 21 x 1.2 cm, minkšti viršeliai
- Language: English English
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.
Reviews