Based on 24 Interviews with owners of family business, directors and restructuring experts the impact of economic crisis on advisory boards of German family business is analyzed. Economic crisis are exceptional situations in family business, in which the special connection between family and business is subjected to particular stress. Here, critical conflict situations both between families and their business as well as in relation to external stakeholders can arise and may affect the success of a financial restructuring. At this point, the Beirat (board of directors) as the typical advisory board of German family business is in a unique position: as a facilitator between the various stakeholders the Beirat may add considerable value in dealing with conflicts that arise from different interests during the restructuring. However, this requires a deep understanding of the actors in the processes of change in the environment of a Beirat during a economic crisis and a consequent preparation of the board on this.

Michaela Nicole Raß combines an hermeneutic and structuralistic approach to the poetics of Friederike Mayröcker with an detailed analysis of exemplary descriptions of artworks, which represent significant topics such as the creation of imagery, the paragone of art and literature, the relation of reality and imagination, the combination of fact and fiction in various descriptions of real artworks and the remeberence of Ernst Jandel.