Freeman, Willoe; Wells, Peter; Wyatt, Anne - In: International Journal of Managerial Finance 10 (2014) January, pp. 115-136
Purpose – This paper aims to evaluate the business activities, financial reports, and management compensation practices of Countrywide Financial Corporation (Countrywide) in the period preceding the company's financial distress and leading to its eventual takeover by Bank of America in 2008....