Examlex
Hackers believe that the law does not apply in the same way online as it does in 'the real world'.
Levered Firm
A company that utilizes debt financing as a significant portion of its capital structure.
Indirect Bankruptcy Costs
Expenses related to bankruptcy that are not direct costs such as legal and administrative fees, including damage to corporate reputation and loss of business opportunities.
Corporate Default
A failure of a company to fulfill its financial obligations, such as missing a debt payment.
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