Especially in owner-managed companies, insolvency is still generally seen as a “bugaboo”. As a result, it should be avoided at all costs.1 But are insolvency and strategy actually in contradiction? According to COMPANY PARTNERS, a proactive management of the “enterprise-life-cycle” can resolve this contradiction. This thesis will be presented in the following.
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Insolvency as a strategic option for enterprise management
Especially in owner-managed companies, insolvency is still generally seen as a “bugaboo”. As a result, it should be avoided at all costs.1 But are insolvency and strategy actually in contradiction? According to COMPANY PARTNERS, a proactive management of the “enterprise-life-cycle” can resolve this contradiction. This thesis will be presented in the following.
Read more