| Topic : Survive credit crisis |
|
|
Posted in Community :
Entrepreneurs: Success Stories
|
Activity:
10 views;
last activity : 07 06 2010 20:18:09 +0000
|
|
|
|
1
Implement Duty of Oversight
2
Liquidity Needs
3
Risk Reviews
|
||||||||||||||||
|
|
I think they have implement duty of oversight reporting system or other controls allowing management and the board to monitor the company’s business and to become informed about potential material risks. In general, they have to expect exercise informed, disinterested and good faith business judgment in seeking to identify and manage material business risks. If they act in this way, the decisions they make should continue to be judged under the deferential business judgment rule presumption.
|
0
|
No supporting Arguments for this idea
|
My idea is few industry sectors would seem to be safe from pressure on their businesses resulting from the current troubled environment. Each sector and each company is different, and there is no “one size fits all” approach to identifying and dealing with risk. However, in the present environment, the initial inquiry seems clear:“show me the money.” Companies should examine their liquidity needs and sources and their capital needs and sources, factoring in the prospect of decreasing operating cash flow and more limited, more costly or perhaps no access to credit or equity capital.
|
0
|
No supporting Arguments for this idea
|
I could say giving the daily flood of reported events and commentary regarding the current credit crunch, the capital markets meltdown, the slowing economy and the adverse effects in general on financial and other businesses, boards and managements would be prudent to consider company specific risk reviews appropriate to their circumstances. In addition, given the lightening speed with which companies previously regarded as sound have been rendered distressed or even insolvent, boards and senior managements should also understand how to exercise properly their fiduciary responsibilities in the event that their companies were to become distressed or considered to be in the zone or vicinity of insolvency....
|
0
|
No supporting Arguments for this idea
Add your Idea
Could not find any idea interesting in:
"How to Manage business in this crisis troubled Environment?" ?
Click here
to add a new idea...
Found the idea contest
"How to Manage business in this crisis troubled Environment?"
interesting ?
Click here to refer to your connections and communities
Post Your Resume Now !
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Viewers also viewed
|
|
I just read in the newspaper that the areas which had received water on Sunday would now receive... |
|
|
1329 referals
13 votes,
182 views
|
|
|
Today's kids are very impatient and are very fast interms of everything, there is nothing called... |
|
|
701 referals
11 votes,
124 views
|
|
|
|
316 referals
2 votes,
30 views
|
|
|
|
|
|
|
Recent Knowledge (13)
|
|
Lie : The mere word makes us feel unethical. But there are times when it becomes necessary to... |
|
|
2284 referals
13 votes,
191 views
|
|
|
The question is simple. What makes you smile? Let us stop fighting on various topics and discuss... |
|
|
1697 referals
27 votes,
371 views
|
|
|
|
0 referals
2 votes,
28 views
|
|
|
|
|
Sponsored Jobs
More From Author
How convenient it is to blame the government.. There are flaws in government and then there were always flaws there.. now we can see them clearly because many people are coming up and giving voice to the wrong practices.. |
It is a wonderful concept but we need a right plan to follow it. Just an idea wont help. |
Bad news really bad news . 1) We should produce our own arms . 2) More arms means more fight. 3) Only arms would not ensure security. |