Corporate Officers Face Increased Liability Near Insolvency: Societal Impact Revealed.
The article discusses the responsibility of corporate officers in relation to insolvency. It explores the challenges faced by these officers when a company is close to bankruptcy. The researchers examine the legal implications and potential liabilities that officers may face in such situations. The key findings suggest that corporate officers can be held accountable for their actions during insolvency, highlighting the importance of understanding and fulfilling their duties in these critical circumstances.