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
ISBN-10
3658019085
ISBN-13
9783658019082
Category
Business & Economics
Pages
166
Language
English
Published
2013-11-18
Publisher
Springer Science & Business Media
Author
Martin Schmuck

Description

​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.

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