Managing the Internal Process
T. H. Donaldson
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T. H. Donaldson: J. P. Morgan
Chapter 12 in Credit Control in Boom and Recession, 1994, pp 161-173 from Palgrave Macmillan
Abstract:
Abstract The first aspect of damage limitation is early recognition. This comes, or fails to, largely from monitoring. But monitoring gives the facts, which alone are not enough. The bank needs to judge the extent of the problem; whether management is aware of it, and if so, can cope; what the bank can do to alert management if needed, or to help it deal with the problem; how the bank can protect its own position.
Keywords: Steering Committee; Large Bank; Workout Specialist; Head Office; Damage Limitation (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-39024-9_12
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DOI: 10.1057/9780230390249_12
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