Turnaround Management and Bankruptcy

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.

• Foreword by Bob WesselsPart 1: Historical Perspectives1. The History of Corporate Turnaround Management – Personal ReflectionsDonald Bibeault2. Business Rescue, Turnaround Management and the Legal Regime of Default and Insolvency in Western History (Late Middle Ages to Present Day)Dave De ruysscherPart 2: Business Failure3. Some Causes of Organizational DeclineWilliam McKinley4. Predicting Business FailureNico Dewaelheyns, Sofie De Prijcker, and Karen Van Den Heuvel5. A Theoretical Framework for RestructuringJoost de Haas and Pieter Klapwijk6. Valuation in Good Times and BadJan VisPart 3: Turnaround Management7. Turnaround Planning: Insights from Evolutionary Approaches to the Theory of the FirmGianpaolo Abatecola and Vincenzo Uli8. Turnaround Strategies – Practical Insights from a 47-Year CareerDonald Bibeault9. Why Must Companies Reorganize and Why do They Wait so Long? Insights from PracticeKathryn Rudie Harrigan10. Human Considerations In Turnaround Management – A Practitioner’s ViewYuval Bar-Or11. The Executioner’s Dilemma: Explaining Role Stress by Ethical Conflict among Those That Carry Out a Downsizing EventRick Aalbers and Philippos PhilippouPart 4: Legal Issues and Ethics12. Why Rescue? A Critical Analysis of the Current Approach to Corporate RescueDavid Burdette and Paul Omar13. Towards a European Business Rescue Culture Gert-Jan Boon and Stephan Madaus14. Effectiveness of Preventive Insolvency Frameworks in the EUMihaela Carpus Carcea, Daria Ciriaci, Carlos Cuerpo Caballero, Dimitri Lorenzani, and Peter Pontuch15. An Overview of the Pre-Insolvency Procedures in the United Kingdom and South AfricaAlexandra Kastrinou and Lezelle Jacobs16. The Ethics of State BankruptcyJukka Kilpi and Simon EloPart 5: Industry Perspectives17. Firm Turnarounds in Knowledge Intensive IndustriesVincent Barker III and Achim Schmitt18. Turning SMEs Around – On Breaking And Making Organizational PathsJörg Freiling and Hartmut MeyerPart 6: Cases & Game19. Back to the Future – The General Motors Restructuring PlanJan Adriaanse20. Business Failure in the U.S. Restaurant IndustryH. G. Parsa21. Turnaround Workout Game: To Rescue The Uganda Hotel-Casino Group, Or Not…?Jan Adriaanse, Arnoud Griffioen, and Jean-Pierre van der RestEpilogue: A Synopsis of the Present and Future of Turnaround Management and BankruptcyTim Verdoes, Jean-Pierre van der Rest, and Jan Adriaanse