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Concluding Remarks and Recommendations: Unveiling Causes of Recent Business Crises

In: Executive Greed

Author

Listed:
  • Vinay B. Kothari

Abstract

Product and market innovations are inevitable in the global marketplace. To remain competitive and grow, a firm has to innovate or adapt, change, and do what is essential and prudent for business. It does not matter whether the firm is small or large. There are other choices for business too: it can continue to maintain status quo, ignore the market forces, adhere to current or old practices, disregard sound financial principles, and/or follow imprudent and bad business strategies and practices. None of these other choices, ultimately, is without some disastrous consequences in the long run. Recent business crises clearly provide some evidence to this fact.

Suggested Citation

  • Vinay B. Kothari, 2010. "Concluding Remarks and Recommendations: Unveiling Causes of Recent Business Crises," Palgrave Macmillan Books, in: Executive Greed, chapter 0, pages 153-170, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10965-0_15
    DOI: 10.1057/9780230109650_15
    as

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