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| Titel: |
The Financial Crisis: Caused by Unpreventable or Organized Failures? |
| Auteur: |
Anke Müssig |
| Verschenen in: |
International journal of economic sciences and applied research |
| Paginering: | Jaargang 2 (2009) nr. 1 pagina's 51-70 |
| Jaar: |
2009 |
| Inhoud: |
In this paper, I analyze cutaways of the current financial crisis against the background of normal accident theory, high reliability theory, and disaster incubation theory. To avoid future financial crises I recommend reducing pressures to make profit and organizing the global financial markets like high reliability organizations. Furthermore I argue that risk management within organizations must no longer only be a symbolic gesture. The paper’s purpose is to break with the isolated financial view of the crisis’ scauses and effects. It is a plea for a new understanding of the financial crisis,transferring the view from the crisis’s impact to its features and causal factors. The study at hand should be regarded as preparatory work for a more interdisciplinary approach to the current crisis and for special branches of science to cooperate. |
| Uitgever: |
Kavala Institute of Technology (provided by DOAJ) |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
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