Unternehmenskrisen sind ein Realphänomen von hoher Relevanz. Die erfolgreiche Bewältigung verdient die besondere Aufmerksamkeit der Betriebswirtschaftslehre. Der vorliegende Artikel nutzt eine systematische Dokumentanalyse von Sanierungsplänen (sog. Insolvenzpläne) zur Identifikation...

Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We examine an industry in which there are well-defined objectives, small teams, and exact measures of leaders' characteristics. We show that a strong predictor of...

Ausgehend von einer im Jahre 1983 durchgeführten Untersuchung von 72 Fällen zu Typen von Unternehmenskrisen wird eine Studie vorgelegt, die mit gleichem Erhebungsinstrumentarium auf ein vergleichbares, aber deutlich aktuelleres Erhebungsmaterial von 53 kritischen Unternehmensreportagen im...

The impact of the 2008 financial crisis led to the imposition of severe ‘crisis measures’ focused on alleviating budget deficits at all levels of Spanish government. In this context, the central government sought to restrict regional and local government spending. One of the key mechanisms...

Die Coronapandemie hat die Bundesregierung vor bis dahin ungekannte Herausforderungen gestellt. Unter hoher Unsicherheit musste sie in kurzer Zeit wichtige Entscheidungen zur Stabilisierung der deutschen Volkswirtschaft fällen, um den gleichzeitigen Angebots- und Nachfrageschock abzufedern....

In reaction to disruptions of the Single Market, the European Commission put forward an emergency instrument. It proposes far-reaching measures in order to maintain the proper functioning of the Single Market and ensure the supply and distribution of goods and services. The dirigiste...

Companies can be valuable partners in delivering essential goods but must be appropriately motivated to participate in humanitarian crisis management. This work provides valuable insights into the status of humanitarian crisis management from the perspective of different stakeholders. It shows...

Despite the fragility of authoritative governing institutions at the international level, the politi-cal capacity to deal with global risks is developing. The sense of legitimacy that will ultimately derive from a deeply transnational sense of shared fate continues to lag, but even in that...

This paper makes an empirical contribution to confirm the stylized fact that the performance of firms deteoriates in the years before exit. For this reason we evaluate whether market exits differ significantly in their employment development in the years before market drop-out compared to...