After 2 decades of high bankruptcy associated with 2 major recessions and the implementation of 2 free trade agreements in the 1980s and 1990s, bankruptcies have returned by 2005 to levels experienced in the early 1980s. At the same time, the differences between the bankruptcy rates of Ontario...
shareholders from the company. A corporation is treated as a separate legal entity, providing tax benefits and protecting owners from the company's financial obligations. Directors manage the corporation and can be personally liable for certain statutory breaches, such as unpaid wages during bankruptcy...
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In this article, we review and analyze theories and practices of AF, and its research prospects in the international business (IB) context. Alternative finance in the IB context encompasses both the comparative dimension and the cross-border dimension. The comparative aspect of AF in IB tackles t...
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His research papers on corporate restructuring have been published in top finance journals and featured in prominent media, such as the Wall Street Journal. Dr. Wang’s coauthored book,Corporate Financial Distress, Restructuring, and Bankruptcy, was published by Wiley P...
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