Towards an optimal model of directors' duties in the zone of insolvency: An economic and comparative approach
When a company becomes factually insolvent but it is not yet subject to a formal insolvency proceeding, the shareholders - or the directors acting on their behalf - may engage, even in good faith, in various forms of behaviour that can divert or destroy value at the expense of the creditors. For thi...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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| Online Access: | https://ink.library.smu.edu.sg/sol_research/3642 https://ink.library.smu.edu.sg/context/sol_research/article/5600/viewcontent/14735970.2021_pvoa.pdf |
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| Institution: | Singapore Management University |
| Language: | English |