Article Summary

Article Summary

The article is the prefix for many research articles, which summaries the effect of bankruptcy, and the duties of fiduciary. Many articles on the agency theory have their focus on the officers and directors, who spend their life up to their duties of fiduciary. However, an article claims that most of the managers sell their shares as bankruptcy approaches, this is because in order to give maximum return to their shareholders. However, more researches claims that manager should be given trainings so that they could realize the value of the bankrupt firm in the context of being ...