March 04, 2010 at 12:15 PM EST
Financially Stressed Companies Prone to Favoring Equity Investors over Debtholders
Companies in financial distress are prone to take actions that hurt creditors and favor equity investors, a new paper published by Harvard Business School finds. The paper examines the effects of a 1991 Delaware bankruptcy ruling that changed the nature of corporate directors’ fiduciary duties in that state. The change limited incentives to take actions favoring [...]
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here