Document Type
Report
Key Takeaways
• Companies are more likely to emerge from bankruptcy when directors with links to financial institutions are more involved in board meetings. • Involvement by directors with ties to financial institutions also assist in gaining access to Debtor-in-Possession financing, which subsequently enhances probability of bankruptcy reemergence.
Publication Date
2016
Disciplines
Business
Copyright
© 2016, University of South Carolina
Publication Info
2016.