Overview
- Publication in the field of economic science
- Includes supplementary material: sn.pub/extras
Part of the book series: Familienunternehmen und KMU (KMU)
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Table of contents (9 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author collected a sample of 209 turnaround cases of German medium-sized companies from restructuring experts working for German banks. Employing a variety of carefully selected statistical analyses he identifies key factors for turnaround success and finds specific archetypes of crises and turnaround. The study concludes with an analysis of the impact of a successful turnaround on the family firms within his sample. Based on the study’s insights he provides both, recommendations for future research and a set of practical implications for all relevant stakeholders of a turnaround situation.
Authors and Affiliations
About the author
Dr. Thomas Wittig wrote his dissertation under the supervision of Prof. Dr. Andreas Hack at the Witten Institute for Family Business (WIFU) at Witten/Herdecke University.
Bibliographic Information
Book Title: Crisis and Turnaround in German Medium-Sized Enterprises
Book Subtitle: An Integrated Empirical Study
Authors: Thomas Wittig
Series Title: Familienunternehmen und KMU
DOI: https://doi.org/10.1007/978-3-658-16386-0
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: Springer Fachmedien Wiesbaden GmbH 2017
Softcover ISBN: 978-3-658-16385-3Published: 16 November 2016
eBook ISBN: 978-3-658-16386-0Published: 08 November 2016
Series ISSN: 2520-1174
Series E-ISSN: 2520-1182
Edition Number: 1
Number of Pages: XXII, 403
Number of Illustrations: 45 b/w illustrations
Topics: Business Strategy/Leadership, Organization, Entrepreneurship
Industry Sectors: Aerospace, Automotive, Biotechnology, Chemical Manufacturing, Consumer Packaged Goods, Electronics, Engineering, Finance, Business & Banking, IT & Software, Materials & Steel, Pharma, Telecommunications