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Using Inadequate Information

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Understanding Corporate Credit
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Abstract

One of the major problems in all analysis is the lack of detailed and reliable information on most of the points discussed in the rest of the book. Even where full accounts are available, the number of ways in which they can mislead, intentionally or by accident, for good motives or bad, would fill several books each longer than this one. The banker must be aware of the danger and of the significance of different types of presentation or concealment.

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© 1983 T. H. Donaldson

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Donaldson, T.H. (1983). Using Inadequate Information. In: Understanding Corporate Credit. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17325-9_13

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