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Academic Journal of Business & Management, 2023, 5(14); doi: 10.25236/AJBM.2023.051406.

Legal Risk Management for Bankruptcy Liquidation of Listed Companies

Author(s)

Liu Haoyang

Corresponding Author:
Liu Haoyang
Affiliation(s)

Xi’an Eurasia University, Xi’an, Shaanxi, 710065, China

Abstract

In the context of economic globalization, competition among enterprises is becoming increasingly fierce. Once listed companies have problems such as deteriorating financial conditions and insolvency, they may fall into bankruptcy. Bankruptcy is a market exit mechanism. Under the market economy, once an enterprise has insolvency and other problems, it may choose to apply for bankruptcy to protect the legitimate rights and interests of enterprise creditors and shareholders. Therefore, understanding the constituent elements of legal risks in bankruptcy liquidation of listed companies, analyzing their legal risks, and proposing corresponding risk control measures are the key to preventing legal risks for listed companies.

Keywords

Listed Company; Bankruptcy liquidation; Legal Risk Management

Cite This Paper

Liu Haoyang. Legal Risk Management for Bankruptcy Liquidation of Listed Companies. Academic Journal of Business & Management (2023) Vol. 5, Issue 14: 29-32. https://doi.org/10.25236/AJBM.2023.051406.

References

[1] Li Xiang. Research on Audit risk and Risk Management of Enterprise Bankruptcy [J].Contemporary Accounting, 2021(10):100-101

[2] Shi Xinjie. The Problems Existing in the Accounting of Enterprise Bankruptcy and Liquidation and the Countermeasures [J]. Journal of Jiangxi Vocational and Technical College of Electricity, 2022, 35(7): 146-148