IDEAS home Printed from https://ideas.repec.org/a/vls/rojfme/v4y2017i1p45-50.html
   My bibliography  Save this article

The Role Of Information In Growth Of Institutional Resilience

Author

Listed:
  • BERECHET, Mirea-Gheorghe

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest, Romania)

  • BECHERESCU, Simona–Ionela

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest, Romania)

Abstract

In the age of knowledge that mankind is currently going through, information is the basic element that has led to a paradigm shift in all social spheres. As a neo-factor of production, it is the basis of innovation, an essential element of increasing economic competitiveness. Continued adaptation leads to increasing the capacity of an institution, with public or private capital, to respond quickly to challenges, mitigate risks and ultimately face change. Thus, the risk management mode that the institution can assume or, more precisely, determine its acceptable level, makes the difference between resilience and collapse. This approach aims to address information issues, how it impacts institutional resilience, and at the same time attempts to identify various ways to increase their anti-fragility.

Suggested Citation

  • BERECHET, Mirea-Gheorghe & BECHERESCU, Simona–Ionela, 2017. "The Role Of Information In Growth Of Institutional Resilience," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 4(1), pages 45-50.
    • Handle: RePEc:vls:rojfme:v:4:y:2017:i:1:p:45-50
    as

    Download full text from publisher

    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol4i1p45-50.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    information; knowledge; risk; institutional resilience; management;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vls:rojfme:v:4:y:2017:i:1:p:45-50. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Mateescu (email available below). General contact details of provider: https://edirc.repec.org/data/cfiarro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.