The book offers a global perspective and understanding on how to handle debt, manage finances efficiently and avoid bankruptcy both in business and at a personal level.
After the trauma of the recent global financial crisis and the phenomenally higher rates of bankruptcy than there were in previous generations, this book is timely. It is believed that the rise in the level of bankruptcy is partly as a result of the escalating debt problems caused by easy availability of credit before the global financial crisis and the change in generational attitudes towards debt and partly due to poor financial management and general financial illiteracy.
The contributors to this book come from academic backgrounds within the UK, South America and Europe who have worked and researched for many years on the issues presented in this book. The book utilizes both quantitative and qualitative methodologies and presents findings from rich, developed nations as well as poor, developing nations which examine global issues, perspectives and challenges of bankruptcy. Thus, the book provides both conceptual and empirical arguments.
The book provides an invaluable contribution and insight into debt and bankruptcy, the bankruptcy process, debt management and the prediction of signs of business failure. It does this by using the latest research and leading-edge thinking both nationally and globally to explain the issues comprehensively and concisely, achieving a good balance between conceptual and practical perspectives. In this respect the book offers the reader an opportunity, through a combination of chapters, not only to acquire knowledge of bankruptcy and the bankruptcy process, but also the awareness of actions to take when faced with debt and bankruptcy (Nova).
“Finance is omnipresent being imbricated in everyone’s everyday life. Implications of financialisation are potentially pernicious. In an uncertain world, it has never been more important for individuals to make informed decisions especially when confronted with bankruptcy. This book provides a comprehensive analysis of bankruptcy issues and perspectives. Importantly, this book deals with how to manage bankruptcy and go forwards positively.” - Dr Louise Boulter, author of the best-selling Financial Times book on Benchmarking
"Understanding Bankruptcy: Global Issues, Perspectives and Challenges” provides a comprehensive and concise exposition of debt and bankruptcy. Integrating academic theory and concepts with empirical evidence, the book discusses in detail the analyses of the issues involved in predicting and avoiding bankruptcy. It is presented in a practical and simplified way to be useful for students, academics and practitioners." - Dr Ellis Osabutey, Middlesex University Business School
We’ve partnered with Copyright Clearance Center to make it easy for you to request permissions to reuse Nova content.
For more information, click here or click the "Get Permission" button below to link directly to this book on Copyright Clearance Center's website.