The intentional use of Chapter XI: lingering versus immediate filing

Article Abstract:

Some firms voluntarily chose to file for Chapter XI bankruptcy in order to gain bankruptcy protection from creditors so they can reorganize the firm into a revitalized organization. Firms that voluntarily go into Chapter XI bankruptcy to affect a reorganization show a higher survival rate than those firms that are forced involuntarily in Chapter XI bankruptcy. Financially troubled firms are affected by the environmental adversity and the viability of the firm's attributes. The timing of Chapter XI bankruptcy is critical: when environmental adversity increases, the decision to voluntarily go into Chapter XI bankruptcy before a forced, involuntary filing is critical. Chapter XI bankruptcy allows a firm a temporary respite against environmental adversity by reducing creditor demands and by freeing up the firm's resources.

Bankruptcy

---

Global strategic linkages and industry structure

Article Abstract:

A theoretical framework for the structure of strategic linkages in international industries is presented. Global industry structure should be viewed from the perspective of companies' formation of strategic groups, which are based on firms' similar strategic capabilities; and strategic blocks, which are based on firms' similar strategic linkages. Strategic blocks can consist of either firms with different strategies or firms with the same strategies. Research on the automobile industry has indicated that strategic linkages in the industry can be separated into several different strategic blocks.

Motor vehicles and car bodies, Research, International aspects, Automobile industry, Strategic planning (Business)

---

Are managers from Mars and academicians from Venus? Toward an understanding of the relationship between academic quality and practical relevance

Article Abstract:

A positive relationship between the academic quality and practical relevance of management research reveals that academicians and practioners both value research is interesting and justified which means research that challenges and extends existing beliefs offers compelling evidence for its conclusion. The results lend support to the hypothesized overlap and show a positive association between panel members' global assessment of relevance and ratings of an article's interestingness and justification.

Operations Research, Academic achievement

Similar abstracts:

• Abstracts: International asset pricing and portfolio diversification with time-varying risk. Bond Systematic Risk and the Option Pricing Model
• Abstracts: Wider still and wider: the international expansion of the accounting profession
• Abstracts: How to position for retail success. Using advertising media more effectively. Identifying and eliminating weak products
• Abstracts: Abbey National brings the house down. Redefining post retirement benefits
• Abstracts: The influence of organizational culture on the usefulness of budget participation by Singaporean-Chinese managers

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.