Bankruptcy and Insolvency: An Exploration of Relevant Theories
The essence of the law on bankruptcy is to collect the debt of an entity and distribute such asset among the contending claimholders. It is, also meant to resolve the broad issues of business failure in the context of the imminent or indeed the actual collapse of the indebted entity. The objective...
Main Authors: | Adegbemi Babatunde Onakoya, Ayooluwa Eunice Olotu |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2017-06-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/4652 |
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