Ranking of Creditors: The Principles and the Instruments

T. H. Donaldson

Chapter 1 in More Thinking about Credit, 1995, pp 1-24 from Palgrave Macmillan

Abstract: Abstract Much analysis is aimed at consolidated financial statements and at the business of an economic unit. Agencies such as Standard & Poors may rate a particular instrument or the company as a whole, depending on the agency. Whatever the rating, it is too often taken to apply to every aspect.

Keywords: Cash Flow; Capital Structure; Trade Creditor; Secured Debt; Subordinate Debt (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13763-3_1

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DOI: 10.1007/978-1-349-13763-3_1

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