• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Insolvency Timing and Managerial Decision-Making

Insolvency Timing and Managerial Decision-Making

Paperback

Management

ISBN10: 3658028181
ISBN13: 9783658028183
Publisher: Springer Gabler
Published: Oct 2 2013
Pages: 191
Weight: 0.62
Height: 0.48 Width: 5.83 Depth: 8.27
Language: 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.

Also in

Management