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Understanding Corporate Collapse

Understanding Corporate Collapse Many of the recent cases of corporate collapse might have beenavoided had company leaders been in a position to interpret the earlysigns of collapse. Existing financial models provide some indication ofhow to avoid failure, but these need to be supplemented by a holistic,strategic management approach. Recent experience in Australiaunderscores the importance of this integrated approach, and suggeststhat specific reforms to directorship and auditing practices mightmilitate against failure. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Decision Emerald Publishing

Understanding Corporate Collapse

Management Decision , Volume 29 (5) – May 1, 1991

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0025-1747
DOI
10.1108/00251749110136316
Publisher site
See Article on Publisher Site

Abstract

Many of the recent cases of corporate collapse might have beenavoided had company leaders been in a position to interpret the earlysigns of collapse. Existing financial models provide some indication ofhow to avoid failure, but these need to be supplemented by a holistic,strategic management approach. Recent experience in Australiaunderscores the importance of this integrated approach, and suggeststhat specific reforms to directorship and auditing practices mightmilitate against failure.

Journal

Management DecisionEmerald Publishing

Published: May 1, 1991

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