Anticipating corporate crises

Essay specific features

 

Issue:

Business

 

Written by:

Nicole J

 

Date added:

December 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 787

 

Was viewed:

3836 times

 

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Essay content:

Possible regulations/rules that may help corporate boards get prepared for crises should include ensuring that the board has the right mix of competencies and skills for the major and most familiar kinds of corporate crises, directors can help see that their companies get through hard times with as little damage to the company and the stockholders as possible and, in many cases, avoid a crisis altogether...
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Another rule that may help is ensuring that the company engages in responsible investment as a tool to use by the board and investors to influence corporate governance as an effort to restore the trust and integrity of the organization. Since there is a need for board members to be better prepared, engaging them in risk management will bring better results...
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