This article reports the results of an empirical analysis of the impact of Chapter 15 of the Bankruptcy Code, which was enacted in 2005 to replace the former Section 304. I examine all Section 304 motions filed in the three years before the change in law and all Chapter 15 filings following in...

Das gegenständliche Papier nimmt eine Aktualisierung der 2014 präsentierten Analyse zum Themenfeld der großen betrieblichen Restrukturierungen in Europa vor. Als Grundlage werden Daten des 'European Restructuring Monitor' herangezogen. Untersucht werden dabei größere Schließungen,...

This paper attempts to explain the phenomenon of outsourcing failure by integrating the Relational View and network-/graph theory. Whereas traditional transaction cost theory focuses on problems of ensuring cooperation (motivation) in vertical client-provider relations, we advocate extending the...