000 02700nam a22004335i 4500
001 978-3-8350-9437-6
003 DE-He213
005 20161121231009.0
007 cr nn 008mamaa
008 100301s2007 gw | s |||| 0|eng d
020 _a9783835094376
_9978-3-8350-9437-6
024 7 _a10.1007/978-3-8350-9437-6
_2doi
050 4 _aHD28-70
072 7 _aKJC
_2bicssc
072 7 _aBUS041000
_2bisacsh
082 0 4 _a658.4092
_223
100 1 _aJostarndt, Philipp.
_eauthor.
245 1 0 _aFinancial Distress, Corporate Restructuring and Firm Survival
_h[electronic resource] :
_bAn Empirical Analysis of German Panel Data /
_cby Philipp Jostarndt.
264 1 _aWiesbaden :
_bDUV,
_c2007.
300 _aXVII, 201 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aData 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.
520 _aThe 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 anatomy of financial distress for a large sample of German corporations. He studies distress-induced changes in ownership and control, success factors in distressed equity infusions, and firms’ choice between in- and out-of-court debt restructurings. Moreover, he conducts a survival analysis to examine the determinants of survival, acquisition, and bankruptcy as alternative paths to exit financial distress. He includes both the firm perspective as well as the market valuations of the undertaken restructurings and, where applicable, relates the findings to the microstructure of Germany’s revised bankruptcy legislation.
650 0 _aBusiness.
650 0 _aLeadership.
650 0 _aFinance.
650 1 4 _aBusiness and Management.
650 2 4 _aBusiness Strategy/Leadership.
650 2 4 _aFinance, general.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783835005907
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8350-9437-6
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c507037
_d507037