Bankruptcy and Corporate Ethics firms sometimes use the threat of a bankruptcy filing to force creditors to
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Bankruptcy and Corporate Ethics firms sometimes use the threat of a bankruptcy filing to force creditors to renegotiate terms. Critics argue that in such cases, the firm is using bankruptcy laws “as a sword rather than a shield”. Is this an ethical tactic?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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