LEADER 03757nam 22005775 450 001 9910149658103321 005 20200706042254.0 010 $a3-658-16386-0 024 7 $a10.1007/978-3-658-16386-0 035 $a(CKB)3710000000934485 035 $a(DE-He213)978-3-658-16386-0 035 $a(MiAaPQ)EBC4734195 035 $a(PPN)222232897 035 $a(EXLCZ)993710000000934485 100 $a20161108d2017 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCrisis and Turnaround in German Medium-Sized Enterprises $eAn Integrated Empirical Study /$fby Thomas Wittig 205 $a1st ed. 2017. 210 1$aWiesbaden :$cSpringer Fachmedien Wiesbaden :$cImprint: Springer Gabler,$d2017. 215 $a1 online resource (XXII, 403 p. 45 illus.) 225 1 $aFamilienunternehmen und KMU,$x2520-1174 311 $a3-658-16385-2 320 $aIncludes bibliographical references. 327 $aModel of Crisis and Turnaround -- Analysis of the Turnaround Performance -- Archetypes of Crisis and Archetypes of Turnaround -- Impact of Turnaround on Family Ownership and Control. 330 $aThomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author collected a sample of 209 turnaround cases of German medium-sized companies from restructuring experts working for German banks. Employing a variety of carefully selected statistical analyses he identifies key factors for turnaround success and finds specific archetypes of crises and turnaround. The study concludes with an analysis of the impact of a successful turnaround on the family firms within his sample. Based on the study?s insights he provides both, recommendations for future research and a set of practical implications for all relevant stakeholders of a turnaround situation. Contents Conceptual Model of Crisis and Turnaround Analysis of the Turnaround Performance Archetypes of Crisis and Archetypes of Turnaround Impact of Turnaround on Family Ownership and Control Target Groups Researchers and students in the fields of strategic management, crisis & turnaround and family business Family firm managers and shareholders, credit risk managers working for German banks, management consultants with focus on crisis and turnaround The Author Dr. Thomas Wittig wrote his dissertation under the supervision of Prof. Dr. Andreas Hack at the Witten Institute for Family Business (WIFU) at Witten/Herdecke University. 410 0$aFamilienunternehmen und KMU,$x2520-1174 606 $aLeadership 606 $aOrganization 606 $aPlanning 606 $aEntrepreneurship 606 $aBusiness Strategy/Leadership$3https://scigraph.springernature.com/ontologies/product-market-codes/515010 606 $aOrganization$3https://scigraph.springernature.com/ontologies/product-market-codes/516000 606 $aEntrepreneurship$3https://scigraph.springernature.com/ontologies/product-market-codes/514000 615 0$aLeadership. 615 0$aOrganization. 615 0$aPlanning. 615 0$aEntrepreneurship. 615 14$aBusiness Strategy/Leadership. 615 24$aOrganization. 615 24$aEntrepreneurship. 676 $a658.4092 700 $aWittig$b Thomas$4aut$4http://id.loc.gov/vocabulary/relators/aut$0954514 702 $aHack$b Andreas 906 $aBOOK 912 $a9910149658103321 996 $aCrisis and Turnaround in German Medium-Sized Enterprises$92158935 997 $aUNINA