Rule arbitrage : evading regulatory, tax, accounting, covenant and credit rating rules

• Main Author: Nasr, Oussama A. (Author)
• Format: Electronic eBook
• Language: English
• Published: Bingley, U.K. : Emerald Publishing Limited, 2026.
• Subjects: Tax evasion.; Taxation > Law and legislation.; Business & Economics > Corporate Finance > General.; Public finance and taxation.; Corporate finance.; elektronické knihy; electronic books
• ISBN: 9781805926115
• DOI: 10.1108/978-1-80592-609-2
• Physical Description: 1 online resource (228 pages)

Businesses often face criticism for engaging in financial activities with no genuine business purpose other than to minimise taxes or enhance financial statements. Opponents of financial engineering highlight notorious cases like WorldCom, Enron, and Long-Term Capital Management, where accounting ab...