The Business Management of Distress Situations

Abstract

In this article, we have discussed the management of business during distressed situations such as crises. Internal code is considered as the backbone of the organization, and it provides sets of rules followed by the board members during a stressful situation. The article will help to evaluate the impact of internal code on the shareholders as well as stakeholders. Different companies use internal code in a different way to address the challenges faced by them. The main findings present in the real world have been discussed in the article.