{"product_id":"insolvency-timing-and-managerial-decision-making-von-frederik-drescher","title":"Insolvency Timing and Managerial Decision-Making","description":"Frederik Drescher addresses the timing of non-mandatory insolvency filings based on threatening illiquidity (§ 18 InsO) with the aim of a company's restructuring as an agency problem between owners and management. The hypothesis of a tendency towards delayed insolvency filings, which was developed using a decision model, is experimentally confirmed. Moreover, the author analyzes different incentive instruments potentially leading to earlier insolvency filings.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783658028183\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783658028183","offer_id":39447605870685,"sku":"9783658028183","price":53.49,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/a324d217-f61e-4712-a503-3dd58294df3d.jpg?v=1775280616","url":"https:\/\/shop.autorenwelt.de\/products\/insolvency-timing-and-managerial-decision-making-von-frederik-drescher","provider":"Autorenwelt Shop","version":"1.0","type":"link"}