Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

Index Copernicus Journal Master List

Polska Bibliografia Naukowa

BazEkon

Ebsco

Proquest

Creaive Commons

Volume 3 (17) Number 1 pp. 112-126

Leslie Spiers

Bournemouth University Business School, UK

Corporate governance, risk and crises in small companies: shedding light from inside the boardroom black box

Abstract:

Th e extant literature consistently identifi es small companies as being inherently fragile, rendering them more liable to fail than their larger counterparts in the event of a crisis occurring. Th is paper considers the fi ndings 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 eff ective 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. Th e paper also incorporates the observations of the author, a board chairman for over 30 years, concerning corporate governance in practice within small companies.

pub/2017_1_112.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume17/issue1/2017_1_112.pdf
Keywords: corporate governance, small companies, risk, crisis management, boards of directors, non-executive directors

DOI: 10.18559/ebr.2017.1.6

For citation:

MLA Spiers, Leslie. "Corporate governance, risk and crises in small companies: shedding light from inside the boardroom black box." Economics and Business Review EBR 17.1 (2017): 112-126. DOI: 10.18559/ebr.2017.1.6
APA Spiers, L. (2017). Corporate governance, risk and crises in small companies: shedding light from inside the boardroom black box. Economics and Business Review EBR 17(1), 112-126 DOI: 10.18559/ebr.2017.1.6
ISO 690 SPIERS, Leslie. Corporate governance, risk and crises in small companies: shedding light from inside the boardroom black box. Economics and Business Review EBR, 2017, 17.1: 112-126. DOI: 10.18559/ebr.2017.1.6