Question
Firms sometimes use the threat of a bankruptcy fi ling to force creditors to renegotiate terms. Critics argue that in such cases, the firm is
Firms sometimes use the threat of a bankruptcy fi ling 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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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
