Can Bankruptcy be considered as a  legitimate and ethical management vehicle to be used for the benefit...

60.1K

Verified Solution

Question

Finance

Can Bankruptcy be considered as a  legitimate andethical management vehicle to be used for the benefit of thecompany's stakeholders?

Answer & Explanation Solved by verified expert
4.4 Ratings (681 Votes)
No any company want yo go into liquidation and bankruptcy but due to some financial difficulties and some other reasons they have to went into bankruptcy At any time if company or its management find that their are not able or this    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students