Financial Distress and Corporate Turnaround: An Empirical Analysis of the Automotive Supplier Industry

Financial Distress and Corporate Turnaround: An Empirical Analysis of the Automotive Supplier Industry

Ratings : 4/5 from 2901 reviews
Publisher : Springer Gabler
ISBN : 3658019077
Release Date : May, 08 2013

Examined by :

Apr, 23 2018

Product Description

‚ÄčThe 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.