Discuss the ethics and governance in explaining the company’s financial stress

Question: In recent years a number of companies have gone into liquidation (been ‘wound up’) because they have not been able to meet their liabilities when they fell due. In Australia, there are some well-publicized examples such as ABC Learning, HIH Insurance and One Telephone company Required: Use the companies above and find (via electronic journals) the events that led up to the liquidation.

Discuss the ethics and governance in explaining the company’s financial stress . Was liabilities a major factor contributinng to the liquidation of the company? Research Requirements: Students need to support their analysis with reference to relevant material from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources – this should include at least 2 peer-reviewed academic journal articles.