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Informationen zum Autor Jan Adriaanse is Professor of Turnaround Management at Leiden University, The Netherlands. Jean-Pierre van der Rest is Professor of Business Administration at Leiden University, The Netherlands. Klappentext Written by leading experts in the field of business, finance, law and economics, this edited volume brings together the latest thoughts and developments on turnaround management and business rescue from an academic, judiciary and turnaround/insolvency practitioner perspective. Turnaround Management and Bankruptcy presents different viewpoints on turnarounds and business rescue in Europe. Presenting a state-of-the-art review of failure research in finance, such as on bankruptcy prediction, causes of decline, or distressed asset valuation. It also presents the latest insights from turnaround management research as well as giving a contemporary insight into law debates on insolvency legislation reform, cross-border judicial issues, bankruptcy decision-making by judges and competition policy in distressed economies. Finally, the book provides a regional and sector perspective on how the current crisis affects Europe, its government policies and industry performance.In this way, the volume presents a modern, interdisciplinary and scholarly overview of the latest insights, issues and debates in turnaround management and business rescue, developing a European perspective in an attempt to redress the predominance of an American orientation in the academic literature. It aims at a wider audience interested in turnarounds and failure, such as faculty and students in the fields of law, business, economics, accountancy, finance, strategic management, and marketing, but also at judges, insolvency practitioners, lawyers, accountants and turnaround professionals, as well as the EU and government officials, staff of trade unions and employer's associations. Zusammenfassung Written by leading experts in the field of business, finance, law and economics, this edited volume brings together the latest thoughts and developments on turnaround management and business rescue from an academic, judiciary and turnaround/insolvency practitioner perspective. Inhaltsverzeichnis Foreword by Bob Wessels Part 1: Historical Perspectives 1. The History of Corporate Turnaround Management – Personal Reflections Donald Bibeault 2. Business Rescue, Turnaround Management and the Legal Regime of Default and Insolvency in Western History (Late Middle Ages to Present Day) Dave De ruysscher Part 2: Business Failure 3. Some Causes of Organizational Decline William McKinley 4. Predicting Business Failure Nico Dewaelheyns, Sofie De Prijcker, and Karen Van Den Heuvel 5. A Theoretical Framework for Restructuring Joost de Haas and Pieter Klapwijk 6. Valuation in Good Times and Bad Jan Vis Part 3: Turnaround Management 7. Turnaround Planning: Insights from Evolutionary Approaches to the Theory of the Firm Gianpaolo Abatecola and Vincenzo Uli 8. Turnaround Strategies – Practical Insights from a 47-Year Career Donald Bibeault 9. Why Must Companies Reorganize and Why do They Wait so Long? Insights from Practice Kathryn Rudie Harrigan 10. Human Considerations In Turnaround Management – A Practitioner’s View Yuval Bar-Or 11. The Executioner’s Dilemma: Explaining Role Stress by Ethical Conflict among Those That Carry Out a Downsizing Event Rick Aalbers and Philippos Philippou Part 4: Legal Issues and Ethics 12. Why Rescue? A Critical Analysis of the Current Approach to Corporate Rescue David Burdette and Paul Omar 13. Towards a European Business Rescue Culture Gert-Jan Boon and Stephan Madaus 14. Effectiveness of Preventive Insolvency Frameworks in the EU Mihaela C...