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© 2018

Corporate Governance in Transition

Dealing with Financial Distress and Insolvency in UK Companies

Benefits

  • Presents an integrative perspective of corporate governance during financial distress and insolvency

  • Includes extended case studies to drive analysis

  • Provides a methodology to develop knowledge and understanding of specific insolvency and governance situations

Book

Table of contents

  1. Front Matter
    Pages i-vii
  2. Part I

    1. Front Matter
      Pages 1-1
    2. Marjan Marandi Parkinson
      Pages 3-8
    3. Marjan Marandi Parkinson
      Pages 9-41
    4. Marjan Marandi Parkinson
      Pages 43-64
    5. Marjan Marandi Parkinson
      Pages 65-93
    6. Marjan Marandi Parkinson
      Pages 95-119
  3. Part II

    1. Front Matter
      Pages 121-121
    2. Marjan Marandi Parkinson
      Pages 123-143
    3. Marjan Marandi Parkinson
      Pages 145-161
    4. Marjan Marandi Parkinson
      Pages 163-183
    5. Marjan Marandi Parkinson
      Pages 185-201
    6. Marjan Marandi Parkinson
      Pages 203-221
    7. Marjan Marandi Parkinson
      Pages 223-244
  4. Part III

    1. Front Matter
      Pages 245-245
    2. Marjan Marandi Parkinson
      Pages 247-284
    3. Marjan Marandi Parkinson
      Pages 285-299
  5. Back Matter
    Pages 301-309

About this book

Introduction

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.

Keywords

financial management alternative governance models informal rescue formal rescue decision making

Authors and affiliations

  1. 1.Centre for Governance, Leadership and Global ResponsibilityLeedsUK

About the authors

Marjan Marandi Parkinson is a freelance consultant and Honorary Fellow at the Centre for Governance, Leadership and Global Responsibility, Leeds Business School, UK. Her research interests focus on director responsibilities and corporate governance in financially distressed and insolvent companies.

Bibliographic information

  • Book Title Corporate Governance in Transition
  • Book Subtitle Dealing with Financial Distress and Insolvency in UK Companies
  • Authors Marjan Marandi Parkinson
  • Series Title Palgrave Studies in Governance, Leadership and Responsibility
  • Series Abbreviated Title Palgrave Studies in Governance, Leadership and Responsibility
  • DOI https://doi.org/10.1007/978-3-319-77110-6
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Hardcover ISBN 978-3-319-77109-0
  • Softcover ISBN 978-3-030-08373-1
  • eBook ISBN 978-3-319-77110-6
  • Edition Number 1
  • Number of Pages VII, 309
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Corporate Governance
    Business Law
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking