Philipp Jostarndt studies distress-induced changes in ownership and control, success factors in distressed equity infusions, and firms’ choice between in- and

​The work of Martin Schmuck empirically investigates the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based

Financial distress and crises for businesses can be used to implement substantial organizational changes and turnaround the damage done to achieve financial equ

The understanding of the economic and legal structure of the institutions of bankruptcy has increased considerably over the past decade. This publication descri

Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of t