Strategic Bankruptcy - How Corporations and Creditors Use Chapter 11 to Their Advantage

Kevin J. Delaney is Assistant Professor of Sociology at Temple University. "Delaney has set himself a task fit for a hero. . . . With the skills of a sociologist and the patience of a scholar, he offers a perspective on corporate restructuring that is bound to change our thinking for years to come."—John D. Ayer, University of California, Davis, and former U.S. Bankruptcy Judge "A fine honed assessment of how companies have come to turn the classic event of corporate failure into a strategy for success. . . . A riveting account of one of the corporate arsenal's newest and most ironic weapons."—Michael Useem, University of Pennsylvania "A potent antidote for the idea that bankruptcy is just a form of housekeeping performed by efficient markets. . . . Delaney brings into sharp relief the strategic and political determinants of corporate bankruptcy that we must understand to have a clear picture of business in the 90s."—Mark Granovetter, SUNY, Stonybrook "An engaging and powerful analysis of the changing uses of corporate bankruptcy. . . . For anyone who neded convincing that statutes and cases aren't all there is to law, this book should provide ample evidence. Delaney creates a compelling portrait of the inner workings of corporate America and shows how a legal tool designed to shield troubled companies has become a multi-purpose weapon in battles over corporate power."—Kim Lane Scheppele, University of Michigan Zusammenfassung Bankruptcy, once a term that sent shudders up a manager's spine, has become a potent weapon in the corporate arsenal. The author explores this change in our legal landscape, where corporations with billions of dollars in assets employ bankruptcy to achieve political and organizational objectives.

Dettagli sul prodotto

• Autori: Kevin J. Delaney
• Editore: University Of California Press
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 04.01.1999
• EAN: 9780520073593
• ISBN: 978-0-520-07359-3
• Pagine: 224
• Categorie: Scienze sociali, diritto, economia > Scienze politiche > Teorie politiche e storia delle idee; England, Wales, BUSINESS & ECONOMICS / Organizational Behavior, BUSINESS & ECONOMICS / Strategic Planning, POLITICAL SCIENCE / History & Theory, BUSINESS & ECONOMICS / Finance / General, LAW / Bankruptcy & Insolvency, POLITICAL SCIENCE / World / European, Political science & theory, Organizational theory & behaviour, business strategy, Political science and theory, Organizational theory and behaviour, Credit and credit institutions, Credit & Credit Institutions, Bankruptcy & Insolvency, Bankruptcy and insolvency