Downturns Rearrange the Board

Torbjörn Arenbo

Chapter Chapter 12 in Capital Allocation and Value Creation, 2023, pp 151-160 from Springer

Abstract: Abstract We now turn our attentionDownturn to a subject closely related to stress scenarios and financial flexibility, namely that of recession managementrecession management. It is well-known that downturns can represent a big threat to the financial health of a company. However, history has also shown that such periods can open up opportunities to leapfrog the competition. For the companies that manage to excel during a downturn, there is therefore much to win!

Date: 2023
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DOI: 10.1007/978-3-031-47048-6_12

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