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- Title
CRISIS MANAGEMENT INFLUENCE TO CORPORATE GOVERNANCE STANDARDS.
- Authors
Mustafić, Amela; Lukić, Zoran; Marjanac, Dražen
- Abstract
Business crisis represent unplanned and unwanted period in company business with timelines and uncertain outcome that impacts liquidity, potential and company's success. Corporate governance analysis of the impact, apropos, fault in risk management system at the corporate level and management reward system make start point in crisis situation analysis and corporate governance standards implementation in crisis. Crisis management focused on preventive management aspects, identification and proactive managing of the process of crisis. Implementation of corporative governance standards in crisis situations mean adjustment process to the new conditions operation of the company, apropos, analysis, identification the causes of the crisis, implementation measures for suppression and reduction crisis effects and monitoring and evaluation operation results.
- Subjects
CRISIS management; CORPORATE governance; FINANCIAL crises; LIQUIDITY (Economics); INDUSTRIAL management
- Publication
Universitas. Gestão e Tecnologia, 2018, Vol 12, Issue 23, p47
- ISSN
2179-8311
- Publication type
Article
- DOI
10.7251/NOE1823047M