Titlebook: Crisis and Turnaround in German Medium-Sized Enterprises; An Integrated Empiri Thomas Wittig Book 2017 Springer Fachmedien Wiesbaden GmbH 2

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https://doi.org/10.1007/978-3-658-16386-0SME; Family Firms; Family Business; Credit Risk; Family Ownership

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978-3-658-16385-3Springer Fachmedien Wiesbaden GmbH 2017

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Introduction,l., 2013; Witte, 1981). Yet unfortunately, company crises occur frequently (Arogyaswamy et al., 1995; Bibeault, 1982; Hambrick & Schecter, 1983; Schendel et al., 1976; Slatter, 1984; Sudarsanam & Lai, 2001). Trahms et al. (2013) found 50% of the S&P 500 firms experience a decline in a five-year peri

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Theoretical framework,rms employed are ambiguous in their meaning, depending on their research perspective and lens (section?2.1.4) and the definition chosen in the respective study. This fact was discussed by Pearce and Robbins (1993) in their seminal work in the early 1990s, and it is still the case today, as pointed o

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Sampling and descriptive results,ter, the details, including inherent limitations and restrictions of the sampling process, are discussed (section?5.1), preceding the descriptive data analysis (section?5.2.1 and 5.2.2), which is in turn followed by a limited model simplification, a result of the descriptive analysis (section?5.2.3)

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