Why Companies Fail: Strategies for Detecting, Avoiding, and Profiting from Bankruptcy by Harlan D. Platt
7cmz6cpz8 Download and read online Why Companies Fail: Strategies for Detecting, Avoiding, and Profiting from Bankruptcy book by Harlan D. Platt in PDF, ePUB, Mobi, Kindle, and other supported formats on any devices.
Title: Why Companies Fail: Strategies for Detecting, Avoiding, and Profiting from Bankruptcy
Author: Harlan D. Platt
Synopsis: From Debra Ann Hatten - The Christian Science Monitor (Eastern edition) This book, written for the nonfinancial reader, records conventional reasons for business failure: cash-flow problems, taking on too much debt, and starting out with too little capital. But it continues where other books may stop, pointing out to those who are nearly bankrupt how to avoid bankruptcy. It describes reorganization techniques that have pulled companies out of the holein recent years--such as refocusing market niches and converting debt into stock. The book uses minicases to illustrate these methods. The author also gives potential investors a score card to select potential turnaround companies when picking up the high-risk, high-yield bonds (not stocks) of near-bankrupt or bankrupt companies.