Financial Distress, Corporate Restructuring and Firm Survival
Download or Read eBook Financial Distress, Corporate Restructuring and Firm Survival PDF written by Philipp Jostarndt and published by Springer Science & Business Media. This book was released on 2007-11-17 with total page 212 pages. Available in PDF, EPUB and Kindle.
Author | : Philipp Jostarndt |
Publisher | : Springer Science & Business Media |
Total Pages | : 212 |
Release | : 2007-11-17 |
ISBN-10 | : 9783835094376 |
ISBN-13 | : 3835094378 |
Rating | : 4/5 (76 Downloads) |
Book Synopsis Financial Distress, Corporate Restructuring and Firm Survival by : Philipp Jostarndt
Book excerpt: Philipp Jostarndt 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. In addition, he analyzes 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.