Learning curve from the financial economic crisis of 2008 for organizations: A conceptual viewpoint

Shamil M. Valitov; Arthur A. Nigmetzyanov; Wilfred Isioma Ukpere; Leona L. Grigoryeva

doi:10.21511/bbs.11(2).2016.02

Learning curve from the financial economic crisis of 2008 for organizations: A conceptual viewpoint

Shamil M. Valitov, Arthur A. Nigmetzyanov, Wilfred Isioma Ukpere, Leona L. Grigoryeva

Industrial Psychology and People Management

Kazan Volga Region Federal University

Research output: Contribution to journal › Review article › peer-review

Abstract

The objective of this paper is to critically analyze the concept of organizations considered as a too big to fail and how this phenomenon played out within the recent financial economic crisis of 2008. Special attention was paid to its negative characteristics and consequences. Nevertheless, these types of institutions seem to have become an inalienable part of the mo-dern financial world. The authors explored literatures on the relevant financial sector reforms by considering the experience of Switzerland and USA with regards to the Financial Stability Board. The authors suggest that financial economic crisis of 2008 revealed the necessity to carry out measures to prevent systemic risk caused by large financial organizations.

Original language	English
Pages (from-to)	14-20
Number of pages	7
Journal	Banks and Bank Systems
Volume	11
Issue number	2
DOIs	https://doi.org/10.21511/bbs.11(2).2016.02
Publication status	Published - 2016

Keywords

Bank regulators
Bankruptcy
Credit and stock markets
Default
Financial institutions
Financial market
Financial organizations
Financial regulation
Moral hazard
Systemic risk
World financial system

ASJC Scopus subject areas

Finance
Organizational Behavior and Human Resource Management
Marketing
Management of Technology and Innovation
Law

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.21511/bbs.11(2).2016.02

Cite this

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abstract = "The objective of this paper is to critically analyze the concept of organizations considered as a too big to fail and how this phenomenon played out within the recent financial economic crisis of 2008. Special attention was paid to its negative characteristics and consequences. Nevertheless, these types of institutions seem to have become an inalienable part of the mo-dern financial world. The authors explored literatures on the relevant financial sector reforms by considering the experience of Switzerland and USA with regards to the Financial Stability Board. The authors suggest that financial economic crisis of 2008 revealed the necessity to carry out measures to prevent systemic risk caused by large financial organizations.",

keywords = "Bank regulators, Bankruptcy, Credit and stock markets, Default, Financial institutions, Financial market, Financial organizations, Financial regulation, Moral hazard, Systemic risk, World financial system",

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AU - Nigmetzyanov, Arthur A.

AU - Ukpere, Wilfred Isioma

AU - Grigoryeva, Leona L.

N1 - Publisher Copyright: © Shamil M. Valitov, Arthur A. Nigmetzyanov, Wilfred Isioma Ukpere, Leona L. Grigoryeva, 2016.

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AB - The objective of this paper is to critically analyze the concept of organizations considered as a too big to fail and how this phenomenon played out within the recent financial economic crisis of 2008. Special attention was paid to its negative characteristics and consequences. Nevertheless, these types of institutions seem to have become an inalienable part of the mo-dern financial world. The authors explored literatures on the relevant financial sector reforms by considering the experience of Switzerland and USA with regards to the Financial Stability Board. The authors suggest that financial economic crisis of 2008 revealed the necessity to carry out measures to prevent systemic risk caused by large financial organizations.

KW - Bank regulators

KW - Bankruptcy

KW - Credit and stock markets

KW - Default

KW - Financial institutions

KW - Financial market

KW - Financial organizations

KW - Financial regulation

KW - Moral hazard

KW - Systemic risk

KW - World financial system

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DO - 10.21511/bbs.11(2).2016.02

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VL - 11

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JO - Banks and Bank Systems

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Learning curve from the financial economic crisis of 2008 for organizations: A conceptual viewpoint

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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