Business Commons^™

The Impact Of The Financial Crises In The Management Of The Corporates, Armanda Keqi, Ilda Topalli

UBT International Conference

Financial crises are very damaging and costly. They can spread easily from one country to another. The most apparent example was the crisis of 2008, which took global dimensions. The entire world was affected by the crisis and many countries are still suffering the consequences, such as: economic decline, failure of banks or financial institutions, price fluctuations, etc. The main factors that cause shocks in the financial sector can be grouped as follows: inappropriate macroeconomic policies, the weakness of the financial system, global financial conditions, the difference of exchange rates and political instability. These factors, create the conditions for the …