Managing Risk and Decision Making in Times of Economic Distress

Managing Risk and Decision Making in Times of Economic Distress adds much needed scholarly analysis of the fledgling decision/control approach, arguing the merits of its empirical content to shed light on the structure of capital contracts and rationale for diversity of objectives.

Underpinning the book’s central arguments are questions surrounding the identification and realisation of opportunities during periods of distress or disruption. Although such questions have been the focus of corporate finance, risk management, and financial management studies and literature, within the context of COVID-19 gaps remain unresolved.

Continuity should be a proactive living plan to return to the norm we know, and continuity planning forms an integral part of a risk management strategy. With the future set to be shaped by these many disruptions and humanity’s responses to it, critical insights are more important than ever, to ensure and determine progress towards the Sustainable Development Goals and recovering from these economic and social challenges.

Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance. Both disciplinary and interdisciplinary studies are welcome.

Simon Grima is the Head of the Insurance Department, Deputy Dean of the Faculty of Economics, Management and Accountancy and an Associate Professor at the University of Malta.

Ercan Özen is Head of the Finance and Banking Department and Deputy Dean in Faculty of Applied Sciences at the University of Uşak, Turkey.

Inna Romānova is a Professor of Finance and the Vice-Dean of the Faculty of Business, Management and Economics at the University of Latvia.