Using Inadequate Information

T. H. Donaldson
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T. H. Donaldson: Morgan Guaranty Trust Company of New York

Chapter 13 in Understanding Corporate Credit, 1983, pp 231-251 from Palgrave Macmillan

Abstract: Abstract One of the major problems in all analysis is the lack of detailed and reliable information on most of the points discussed in the rest of the book. Even where full accounts are available, the number of ways in which they can mislead, intentionally or by accident, for good motives or bad, would fill several books each longer than this one. The banker must be aware of the danger and of the significance of different types of presentation or concealment.

Keywords: Cash Flow; Balance Sheet; Loss Statement; Fixed Asset; Operating Profit (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17325-9_13

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DOI: 10.1007/978-1-349-17325-9_13

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