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Books > Business & Economics > Business & management > Business strategy
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Absent Management in Banking - How Banks Fail and Cause Financial Crisis (Hardcover, 1st ed. 2020)
Loot Price: R3,525
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Absent Management in Banking - How Banks Fail and Cause Financial Crisis (Hardcover, 1st ed. 2020)
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Offering a historical analysis of management in banking from the
Medici to present day, this book explores how banks can cause
devastating financial crisis when they fail. Rather than labelling
management as 'good' or 'bad', the author focuses on the concept of
absent management, which can occur as a result of complexity. The
complexity of banking, which intensified alongside the phenomenal
growth of banks in the 20th and 21st centuries, resulted in banks
that are mismanaged or, at times, even unmanaged. Drawing on
business school case studies including Barings and Lehman Brothers,
this book showcases how absent management in banking has caused
crises, depressions and recessions, and how ultimately it will
continue to do so.
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