Corporate governance in transition : dealing with financial distress and insolvency in UK companies

Author(s)

• Parkinson, Marjan Marandi

Bibliographic Information

Corporate governance in transition : dealing with financial distress and insolvency in UK companies

Marjan Marandi Parkinson

（Palgrave studies in governance, leadership and responsibility / series editors, Simon Robinson, Jim Parry, William Sun）

Palgrave Macmillan, c2018

Note

Includes bibliographical references and index

Description and Table of Contents

Description

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.

Table of Contents

Part I 1 Governance in Distress 2 Corporate Governance in Public Companies 3 Financial Distress, Insolvency and Business Rescue 4 Corporate Governance in Financial Distress 5 Corporate Governance in Insolvency Part II 6 Case Study 1: Stylo plc 7 Case Study 2: JJB Sports plc 8 Case Study 3: Waterford Wedgwood plc 9 Case Study 4: Woolworths Group plc 10 Case Study 5: Connaught plc 11 Insights from the Case Studies Part III 12 Building Legal Case Studies 13 Conclusions

by "Nielsen BookData"

Details

• NCID: BB27517074
• ISBN:
  • 9783319771090
• Country Code: sz
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Cham
• Pages/Volumes: vii, 309 p.
• Size: 22 cm
• Classification:
  • DC23 : 658.15
  • DC : 658.15
• Subject Headings:
  • LCSH : Corporations -- Finance -- Case studies
  • LCSH : Bankruptcy -- Case studies
  • LCSH : Corporations -- Decision making -- Case studies
• Parent Bibliography ID:
  • BB26387530