Fraud as a Distinctive Part of Management Mistakes in Countries in Transition

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Abstract

From business practice and academic literature, it is well known that management mistakes can be a prevailing internal cause of corporate crisis. However, management mistakes are usually treated as a homogeneous group neglecting that they are actually deriving from different bases, circumstances, and periods. A classification of management mistakes is sometimes recommended, especially when dealing with crisis or making radical changes in a company in order to improve the chances for continued existence and faster development. In a highly complex business environment, characterized by today’s financial crisis, recession, or slowdown in the world or national economies, when a much more fuzzy logic in management decision making is needed, management mistakes can derive also from incapabilities to cope with such complex environment.

Keywords

Ethical Climate Crisis Management Information Communication Technology Individual Company Transitional Country 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Faculty of ManagementUniversity of PrimorskaKoperSlovenia

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