Research the main reason the company went bankrupt

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Case Study: This week we learn the importance of have a good understanding of financial management and how companies must have a strong financial plan and carefully monitor their finances to achieve their goals and objectives. In the recent few months and weeks, there have been a number of major businesses and banks that have gone bankrupt, closed or been taken over by another organization. Names like FTX, Credit Suisse, Silicon Valley Bank, and Signature Bank.

Questions: For this weeks discussion, select a company that has gone bankrupt in the past few months.

  • Research the main reason the company went bankrupt and in your own words, describe the reason why it failed.
  • In your opinion, was it the result of the company's executives poorly monitoring the finances of the company. Support your position with specific reasons.
  • Do you think that more government regulations would have eliminated the problems or not have any effect? Support your opinion with specific reasons.

 

Reference no: EM133442646

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