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Influence of the Macroeconomic Crisis on the Financial Management of a Corporation

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PDF: Author(s): Murunova I. A.,
Number of journal: 3(10) Date: August 2009
Annotation:

The article presents the basic directions of the changes of financial management of a corporation under conditions of financial resources deficit due to a sharp decline of accessibility of credit resources and extensive management business policy. The author discusses the following directions of anti-crisis activities in the system of the financial management of the corporation: strengthening of Administrative Influence of shareholders, restructuring of non-core assets, simplification of organizational structure of Administration, the implementation of the formal control procedure of the risk applied to investment programs.

Keywords:

financial management of a corporation; anti-crisis management; agency conflict

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