21. Fiduciary Responsibility and Financial Distress

  1. H. Kent Baker and
  2. Gerald S. Martin
  1. Remus D. Valsan1 and
  2. Moin A. Yahya2

Published Online: 20 DEC 2011

DOI: 10.1002/9781118266250.ch21

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice

How to Cite

Baker, H. K. and Martin, G. S. (2011) Fiduciary Responsibility and Financial Distress, in Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118266250.ch21

Author Information

  1. 1

    Doctor of Civil Law Candidate, Faculty of Law, McGill University

  2. 2

    Associate Professor of Law, University of Alberta

Publication History

  1. Published Online: 20 DEC 2011
  2. Published Print: 18 APR 2011

ISBN Information

Print ISBN: 9780470569528

Online ISBN: 9781118266250

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Keywords:

  • financial distress;
  • transaction cost;
  • net presentvalue;
  • financial decision;
  • capital structure

Summary

This chapter contains sections titled:

  • Introduction

  • Five Background Economic Principles

  • Directors and Stakeholders in and Out of Insolvency: A Review of Doctrine and Case Law

  • Summary and Conclusions

  • Discussion Questions

  • About the Authors