Corporate distress and turnaround long have been issues integral to business research. The empirically investigation of Martin Schmuck includes the phenomenon of financial distress and corporate turnaround in the automotive supplier industry. Based on a sample of 194 publicly listed automotive suppliers, the effectiveness of managerial, operational, financial, and asset restructuring activities is analyzed in a multivariate research setting. Archetypes for successful turnarounds are identified and matched with strategies of non-distressed companies.

Martin Schmuck studied business economics at the Catholic University of Eichstätt-Ingolstadt, earned an MBA from Creighton University (USA) and is a CFA charterholder. He received his PhD at the Department of Business Administration Controlling at the Technical University of Munich.