THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS
The financial crisis profoundly affected the USA economy, highlighting many problems related to the five management systems of financial institutions. But the most important aspect that influenced the dramatic evolution of these institutions in the last few years was the inadequate management manife...
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Format: | Article |
Language: | English |
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University of Petrosani
2011-01-01
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Series: | Annals of the University of Petrosani: Economics |
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Online Access: | http://www.upet.ro/annals/economics/pdf/2011/part3/Cucu.pdf |
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author | IOAN CUCU |
author_facet | IOAN CUCU |
author_sort | IOAN CUCU |
collection | DOAJ |
description | The financial crisis profoundly affected the USA economy, highlighting many problems related to the five management systems of financial institutions. But the most important aspect that influenced the dramatic evolution of these institutions in the last few years was the inadequate management manifested in the lack of coordination and equilibrium between the five systems. Most of the problems highlighted in the financial crisis can be pursued at the deficiencies related to the five leadership systems inside each major public or private actor from the financial markets: incentive measures, control and information technology, book-keeping, human capital, culture. |
first_indexed | 2024-12-12T10:10:25Z |
format | Article |
id | doaj.art-ab7c1f8a15b64b15b046994270184760 |
institution | Directory Open Access Journal |
issn | 1582-5949 2247-8620 |
language | English |
last_indexed | 2025-03-17T01:02:10Z |
publishDate | 2011-01-01 |
publisher | University of Petrosani |
record_format | Article |
series | Annals of the University of Petrosani: Economics |
spelling | doaj.art-ab7c1f8a15b64b15b0469942701847602025-02-19T09:07:27ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202011-01-01XI34754THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISISIOAN CUCUThe financial crisis profoundly affected the USA economy, highlighting many problems related to the five management systems of financial institutions. But the most important aspect that influenced the dramatic evolution of these institutions in the last few years was the inadequate management manifested in the lack of coordination and equilibrium between the five systems. Most of the problems highlighted in the financial crisis can be pursued at the deficiencies related to the five leadership systems inside each major public or private actor from the financial markets: incentive measures, control and information technology, book-keeping, human capital, culture.http://www.upet.ro/annals/economics/pdf/2011/part3/Cucu.pdfleadership systemseconomic crisissubprime crisis |
spellingShingle | IOAN CUCU THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS Annals of the University of Petrosani: Economics leadership systems economic crisis subprime crisis |
title | THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS |
title_full | THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS |
title_fullStr | THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS |
title_full_unstemmed | THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS |
title_short | THE ROLE OF THE MANAGEMENT OF FINANCIAL INSTITUTIONS IN REDUCING THE EFFECTS OF THE ECONOMIC CRISIS |
title_sort | role of the management of financial institutions in reducing the effects of the economic crisis |
topic | leadership systems economic crisis subprime crisis |
url | http://www.upet.ro/annals/economics/pdf/2011/part3/Cucu.pdf |
work_keys_str_mv | AT ioancucu theroleofthemanagementoffinancialinstitutionsinreducingtheeffectsoftheeconomiccrisis AT ioancucu roleofthemanagementoffinancialinstitutionsinreducingtheeffectsoftheeconomiccrisis |