Financial Distress and Corporate Turnaround
Author | : Martin Schmuck |
Publisher | : Springer Science & Business Media |
Total Pages | : 176 |
Release | : 2013-11-18 |
ISBN-13 | : 9783658019082 |
ISBN-10 | : 3658019085 |
Rating | : 4/5 (85 Downloads) |
Download or read book Financial Distress and Corporate Turnaround written by Martin Schmuck and published by Springer Science & Business Media. This book was released on 2013-11-18 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of Martin Schmuck empirically investigates the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive suppliers, the effectiveness of managerial, operational, financial, and asset restructuring activities is analyzed in a multivariate research setting. Archetypes for successful turnarounds are identified and matched with strategies of non-distressed companies.