Crisis Management Strategies for Banks
Potential threats have become reality in the banking industries, where recently, numerous financial crises have been caused by management improprieties and other outburst disasters. Contrast to other corporations, banks are financed by deposits, their ongoing operating value would be lost to a large extent in case of bankruptcy; depositors can immediately call their claims and run whereas illiquid and information sensitive assets have to be liquidated by fire sales at significant costs. This paper first analyzed the nature and framework of crisis management, then discussed the emergence and crisis generation about banks, explicating major differences between banks and other firms, on the basis of this, this paper further put forward crisis management strategies about banks, which aimed at preventing and reducing loss of crisis.
Crisis management strategy bank
Jingping Chen
School of Economics & Management, Harbin Engineering University, 150001, China
国际会议
哈尔滨
英文
126-131
2006-09-02（万方平台首次上网日期，不代表论文的发表时间）