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Understanding Corporate Collapse

Management Decision

ISSN: 0025-1747

Article publication date: 1 May 1991

Abstract

Many of the recent cases of corporate collapse might have been avoided had company leaders been in a position to interpret the early signs of collapse. Existing financial models provide some indication of how to avoid failure, but these need to be supplemented by a holistic, strategic management approach. Recent experience in Australia underscores the importance of this integrated approach, and suggests that specific reforms to directorship and auditing practices might militate against failure.

Keywords

Citation

Buttery, E.A. and Shadur, M.A. (1991), "Understanding Corporate Collapse", Management Decision, Vol. 29 No. 5. https://doi.org/10.1108/00251749110136316

Publisher

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MCB UP Ltd

Copyright © 1991, MCB UP Limited