The limits of due diligence

• Autores: Lorraine Busby
• Localización: Serials librarian: The international quarterly of serials management, ISSN 0361-526X, ISSN-e 1541-1095, Vol. 69, Nº. 1, 2015, págs. 13-19
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Best practices endorse using “due diligence” scrutiny of a company to establish the viability of the corporation prior to releasing large sums of money in a buy–sell transaction. Theoretically libraries should be able to utilize this approach to ensure protection against bankruptcy such as seen in the recent Swets failure and the earlier RoweCom/divine collapse. Using the Swets company as a case study, the steps needed to be taken to complete the due diligence process are enumerated and critiqued. The conclusion is drawn that a comprehensive financial appraisal in the current serials acquisitions framework requires expertise, effort, and investment that are outside the bounds of what many would consider to be reasonable