Financial Distress and Corporate Turnaround: An Empirical Analysis of the Automotive Supplier Industry [Paperback]

The work of Martin Schmuck empirically investigates the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive suppliers, the effectiveness of managerial, operational, financial, and asset restructuring activities is analyzed in a multivariate research setting. Archetypes for successful turnarounds are identified and matched with strategies of non-distressed companies.?Financial distress.- Corporate Turnaround.-Automotive.- Restructuring.?

Martin Schmuck studied business economics at the Catholic University of Eichst?tt-Ingolstadt, earned an MBA from Creighton University (USA) and is a CFA charterholder. He received his PhD at the Department of Business Administration Controlling at the Technical University of Munich.

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Corporate distress and turnaround long have been issues integral to business research. The empirically investigation of Martin Schmuck includes the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive suppliers, the effectiveness of managerial, operational, financial, and asset restructuring activities is analyzed in a multivariate research setting. Archetypes for successful turnarounds are identified and matched with strategies of non-distressed companies.

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Contents

n? Financial Distress

n? Corporate Turnaround

n? Automotive

n? Restructuring

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Target Groups

????????? Lecturersand students of business administration with a focus on strategic management

????????? Practitioners in the automotive industry

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About the author

Martin Schmucls!