Reducing the risk of business failure: A multidimensional approach

Le risque de défaillance de l’entreprise: Proposition d’une grille de lecture multidimensionnelle pour le diminuer

Nadjah Algmi
Additional contact information
Nadjah Algmi: CEJESCO - Centre d'études juridiques sur l'efficacité des systèmes continentaux - EA 4693 - MSH-URCA - Maison des Sciences Humaines de Champagne-Ardenne - URCA - Université de Reims Champagne-Ardenne, URCA - Université de Reims Champagne-Ardenne

Post-Print from HAL

Abstract: Business failures are at the heart of decision-makers' concerns because each failure has serious social and economic consequences. However, to reduce the reading of the failure to only these observations does not reflect the true reality because the literature shows that the risk of failure, extension of the failure, covers multiple facets: economic and financial, sociological and psychological. The objective of this paper is to present a state of the art of the risk of failure in a multidimensional perspective and to present the indicators of failure in different disciplines (management, finance, law, economics, strategy). To better identify them, we met with actors or representatives of organizations involved in the management of the failure process. Our results show that training, skills, experience, psychological and behavioral dimensions are decisive in reducing the risk of failure. In synthesis, we propose a framework for the analysis of failure risk reduction.

Date: 2023-01-01
References: Add references at CitEc
Citations:

Published in Management & Sciences Sociales, 2023, N° 34 (1), pp.73-89. ⟨10.3917/mss.034.0073⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04638355

DOI: 10.3917/mss.034.0073

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().