1st Edition
Turnaround Management and Bankruptcy
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 Carpus Carcea, Daria Ciriaci, Carlos Cuerpo Caballero, Dimitri Lorenzani, and Peter Pontuch
15. An Overview of the Pre-Insolvency Procedures in the United Kingdom and South Africa
Alexandra Kastrinou and Lezelle Jacobs
16. The Ethics of State Bankruptcy
Jukka Kilpi and Simon Elo
Part 5: Industry Perspectives
17. Firm Turnarounds in Knowledge Intensive Industries
Vincent Barker III and Achim Schmitt
18. Turning SMEs Around – On Breaking And Making Organizational Paths
Jörg Freiling and Hartmut Meyer
Part 6: Cases & Game
19. Back to the Future – The General Motors Restructuring Plan
Jan Adriaanse
20. Business Failure in the U.S. Restaurant Industry
H. G. Parsa
21. Turnaround Workout Game: To Rescue The Uganda Hotel-Casino Group, Or Not…?
Jan Adriaanse, Arnoud Griffioen, and Jean-Pierre van der Rest
Epilogue: A Synopsis of the Present and Future of Turnaround Management and Bankruptcy
Tim Verdoes, Jean-Pierre van der Rest, and Jan Adriaanse
Biography
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.
