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  • © 2018

Corporate Governance in Transition

Dealing with Financial Distress and Insolvency in UK Companies

Palgrave Macmillan
  • Presents an integrative perspective of corporate governance during financial distress and insolvency
  • Includes extended case studies to drive analysis
  • Provides a methodology to develop knowledge and understanding of specific insolvency and governance situations

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Hardcover Book USD 129.99
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Table of contents (13 chapters)

  1. Front Matter

    Pages i-vii
  2. Part I

    1. Front Matter

      Pages 1-1
    2. Governance in Distress

      • Marjan Marandi Parkinson
      Pages 3-8
    3. Corporate Governance in Public Companies

      • Marjan Marandi Parkinson
      Pages 9-41
    4. Financial Distress, Insolvency and Business Rescue

      • Marjan Marandi Parkinson
      Pages 43-64
    5. Corporate Governance in Financial Distress

      • Marjan Marandi Parkinson
      Pages 65-93
    6. Corporate Governance in Insolvency

      • Marjan Marandi Parkinson
      Pages 95-119
  3. Part II

    1. Front Matter

      Pages 121-121
    2. Corporate Governance Research: An Empirical Approach

      • Marjan Marandi Parkinson
      Pages 123-143
    3. Case Study 1: Stylo plc

      • Marjan Marandi Parkinson
      Pages 145-161
    4. Case Study 2: JJB Sports plc

      • Marjan Marandi Parkinson
      Pages 163-183
    5. Case Study 3: Waterford Wedgwood plc

      • Marjan Marandi Parkinson
      Pages 185-201
    6. Case Study 4: Woolworths Group plc

      • Marjan Marandi Parkinson
      Pages 203-221
    7. Case Study 5: Connaught plc

      • Marjan Marandi Parkinson
      Pages 223-244
  4. Part III

    1. Front Matter

      Pages 245-245
    2. Insights from the Case Studies

      • Marjan Marandi Parkinson
      Pages 247-284
    3. Conclusions

      • Marjan Marandi Parkinson
      Pages 285-299
  5. Back Matter

    Pages 301-309

About this book

This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of corporate governance as a framework of checks and balances on executive decision-making, before moving to the core issues of governance during financial distress and insolvency and alternative informal and formal rescue. Identifying and reviewing turnaround strategies and formal rescue processes available to management, the book also examines the increasing importance of creditors and their impact on business decision-making. The book provides a detailed interpretation of governance in five mega insolvencies in retail and construction following the financial crisis in 2008. It also sets out a methodology which is designed to inform and help those readers seeking to analyse and interpretdirector behaviour in such circumstances.


Authors and Affiliations

  • Centre for Governance, Leadership and Global Responsibility, Leeds, UK

    Marjan Marandi Parkinson

About the author

Marjan Marandi Parkinson is a freelance consultant and Honorary Fellow at the Centre for Governance, Leadership and Global Responsibility, Leeds Business School, UK. Her research interests focus on director responsibilities and corporate governance in financially distressed and insolvent companies.

Bibliographic Information

  • Book Title: Corporate Governance in Transition

  • Book Subtitle: Dealing with Financial Distress and Insolvency in UK Companies

  • Authors: Marjan Marandi Parkinson

  • Series Title: Palgrave Studies in Governance, Leadership and Responsibility

  • DOI: https://doi.org/10.1007/978-3-319-77110-6

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2018

  • Hardcover ISBN: 978-3-319-77109-0Published: 17 September 2018

  • Softcover ISBN: 978-3-030-08373-1Published: 26 January 2019

  • eBook ISBN: 978-3-319-77110-6Published: 05 September 2018

  • Series ISSN: 2662-1304

  • Series E-ISSN: 2662-1312

  • Edition Number: 1

  • Number of Pages: VII, 309

  • Topics: Corporate Governance, Business Law

Buy it now

Buying options

eBook USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 99.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access