Corporate Governance, Risk and Crises in Small Companies: Shedding Light from inside the Boardroom Black Box

• Autorzy: Leslie Spiers
• Języki publikacji: EN

Abstrakty

EN

The extant literature consistently identifies small companies as being inherently fragile, rendering them more liable to fail than their larger counterparts in the event of a crisis occurring. This paper considers the findings of a series of interviews with directors of small companies concerning corporate governance, risk and their preparedness to manage a crisis. Current corporate governance practice adds little to the effective management of crises in small companies where a prevailing attitude of denial by directors limits meaningful actions to prevent or mitigate the consequences of unanticipated events. The paper also incorporates the observations of the author, a board chairman for over 30 years, concerning corporate governance in practice within small companies. (original abstract)

Słowa kluczowe

EN

Corporate governance; Small business; Risk analysis; Risk; Crisis management; Board of directors

PL

Ład korporacyjny; Małe i średnie przedsiębiorstwa; Analiza ryzyka; Ryzyko; Zarządzanie kryzysowe; Zarząd

• Czasopismo: Economics and Business Review
• Rocznik: 2017
• Tom: 3 (17)
• Numer: nr 1
• Strony: 112--126

Twórcy

autor

Leslie Spiers

• Bournemouth University Business School

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Identyfikatory

DOI

10.18559/ebr.2017.1.6