Business, Management and Accounting
7 years ago

Management Decisions Leading to Albanian Enterprises Bankruptcy Crisis

DOAJ (DOAJ: Directory of Open Access Journals)
Internal Causes of Albanian Enterprises Bankruptcy
Eni Numani

Paper Summary

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The article explores why Albanian enterprises go bankrupt. It focuses on internal reasons influenced by management decisions, rather than external factors. The main causes are financial (related to money management) and non-financial (related to staff recruitment and planning). Financial decisions by managers play a big role in bankruptcy, as do choices about hiring and planning.