Turnaround and Recovery Management - The Bank as Partner and Affected Creditor of Corporate Clients in Situations of Terminal Decline and Potential Business Insolvency

Apart from the existing risks of a corporate crisis, there subsist several chances for banks to facilitate the organization in crisis through specific turnaround actions and to achieve the turnaround as well as to restore the competitiveness of this company. Consequently, credit institutions have the possibility to generate a bilateral success for themselves and for their corporate client. Through a successful turnaround they minimize their credit default risks and the loan loss allowances. Moreover, the business of the corporate client is successfully turned around with the help of a potential financial partner.

About the author

Prof. Dr. Wilhelm Schmeisser, Professor an der FHTW Berlin für Finanzierung und Investition, Unternehmensführung, insbesondere Personalwirtschaft und an der Universität Duisburg tätig. Er ist Direktor des Kompetenzzentrums 'Internationale Innovations- und Mittelstandsforschung', Berlin.

Dipl.-Kfm. René Eichhorn (FH), Master of Science and Economics, freier wissenschaftlicher Mitarbeiter am Kompetenzzentrum Internationale Innovations- und Mittelstandsforschung, Berlin. Forschungsschwerpunkte: Bankbetriebswirtschaftslehre, Finanzierung und Investition, insbesondere Finanzcontrolling und Sanierungsmanagement, Internationales Management.

Product details

• Authors: René Eichhorn, Wilhelm Schmeisser
• Publisher: Edition Rainer Hampp
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2006
• EAN: 9783866180673
• ISBN: 978-3-86618-067-3
• No. of pages: 137
• Weight: 192 g
• Illustrations: 18 Abb.
• Series: Schriften zum Internationalen Management; Schriften zum Internationalen Management
• Subject: Social sciences, law, business > Business > Business administration