The Turnaround Management Society is an industry specific organization for Turnaround Management. Its members are turnaround professionals, distressed dept investors and academics. It is the objective of the Turnaround Management Society to bring together the knowledge of Turnaround Management academics and the experience of Turnaround Management professionals. The TMS provides a link between academics who are engaged in research and the professional community that seeks research outcomes and provides academics with professional insight, guidance and feedback. Besides supporting academics around the world and providing them with a forum for exchange of information with other academics and practitioners, we are also engaged in research ourselves.