The REFLECTIONS ON CORPORATE GOVERNANCE FAILURES AND RISK MANAGEMENT LESSONS: CREDIT SUISSE.
Abstract
In the present reflective essay an analysis of the failure of Credit Suisse which collapsed in the year 2023. From the analysis it was found that Credit Suisse as an organisation has a weak judgment of the risk and also engaged in unethical banking practices. Also, in the analysis it was found that their engagement of stakeholder was very weak which is why they never got the support in uncertain market conditions. I based my personal reflection on this learning and will make sure that my leadership will prevent such future disruptions from happening in the near future.
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