Question
Firms sometimes use the threat of bankruptcy filing to force creditors to renegotiate terms. There are critics who are against this type of action and
Firms sometimes use the threat of bankruptcy filing to force creditors to renegotiate terms. There are critics who are against this type of action and there are individuals who support this type of negotiation tactic. What are the pros and cons of using this tactic? Do you believe that the use of this tactic is ethical? Why or why not?
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
