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portada Corporate Governance in Transition: Dealing With Financial Distress and Insolvency in uk Companies (Palgrave Studies in Governance, Leadership and Responsibility)
Type
Physical Book
Year
2018
Language
English
Pages
309
Format
Hardcover
ISBN13
9783319771090
Edition No.
1

Corporate Governance in Transition: Dealing With Financial Distress and Insolvency in uk Companies (Palgrave Studies in Governance, Leadership and Responsibility)

Marjan Marandi Parkinson (Author) · Palgrave Macmillan · Hardcover

Corporate Governance in Transition: Dealing With Financial Distress and Insolvency in uk Companies (Palgrave Studies in Governance, Leadership and Responsibility) - Marjan Marandi Parkinson

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Synopsis "Corporate Governance in Transition: Dealing With Financial Distress and Insolvency in uk Companies (Palgrave Studies in Governance, Leadership and Responsibility)"

This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of corporate governance as a framework of checks and balances on executive decision-making, before moving to the core issues of governance during financial distress and insolvency and alternative informal and formal rescue. Identifying and reviewing turnaround strategies and formal rescue processes available to management, the book also examines the increasing importance of creditors and their impact on business decision-making. The book provides a detailed interpretation of governance in five mega insolvencies in retail and construction following the financial crisis in 2008. It also sets out a methodology which is designed to inform and help those readers seeking to analyse and interpret director behaviour in such circumstances.

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The book is written in English.
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