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Business Rescue as an Economic Remedy For Covid-19
Summary
The combined impact of the COVID-19 lockdown and the rating agencies’ downgrades will cause many businesses in our economy to spiral into financial distress and shed thousands of jobs. Companies experience financial distress when they are unable to meet creditor payments thereby increasing the possibility of insolvency.
| Author | Professor Raj Rajaram |
|---|---|
| Division | Audit and Assurance > Legal and governance |
| Keywords | Business Rescue
Remedy For Covid-19 |
| Date | 2021 |
| URL |