Issue |
SHS Web Conf.
Volume 128, 2021
XVII International Scientific and Practical Conference on Sustainable Development of Regions (IFSDR 2021)
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|
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Article Number | 01039 | |
Number of page(s) | 8 | |
Section | Sustainable Development of Regions: Economic Aspect | |
DOI | https://doi.org/10.1051/shsconf/202112801039 | |
Published online | 15 December 2021 |
Corporate governance under conditions of crisis
1 Chechen State University named after A. A. Kadyrov, 364024, Sheripova A. st. 32, Grozny, Russia
2 Ulyanovsk Civil Aviation Institute, 432071, Mozhaiskogo st. 8/8, Ulyanovsk, Russia
3 North Caucasian State Academy, 369001, Krasnoarmeyskaya st. 85 A, Cherkessk, Russia
* Corresponding author: adamovaaybika@mail.ru
The study investigates the consequences of the COVID-19 virus pandemic on the activities of the board of directors, corporate governance practices and the strategic context of companies’ activities. The purpose of the study - assess the readiness (after the fact) of the boards of directors to act in a crisis situation, the specifics of the practice of the boards of directors in the new realities, expectations of the long-term impact of the COVID-19 pandemic on corporate governance practices and the strategic context of the company’s activities. The article outlines some issues that are worth considering and that may be useful to the company’s management in terms of crisis management. A set of proposals has been formed to reduce the negative effects associated with the consequences of the pandemic for corporate governance, as well as ideas and practical proposals that can help companies reduce the costs of going through the current crisis.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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