TGI Fridays, a prominent name in the casual dining industry, has recently filed for Chapter 11 bankruptcy. This move is aimed at restructuring the company's financial and operational framework to revitalize its business. The decision comes in the wake of financial setbacks caused by the COVID-19
Spirit Airlines filed for bankruptcy protection on Monday, facing a culmination of challenges that forced it into this position. These issues included mounting financial losses, significant debts, increased competition, and failed merger attempts. Despite the bankruptcy declaration, Spirit
The introduction of Corporate Social Responsibility (CSR) and Corporate Governance (CG) into the management of small and medium enterprises (SMEs) in Bolivia represents a critical step towards modernizing business practices and increasing competitiveness. This initiative was supported by the IDB
Corporate governance and executive compensation are critical aspects of modern business practices, reflecting broader societal and regulatory trends. The 2024 edition of the A&O Shearman Annual Corporate Governance & Executive Compensation Survey provides a comprehensive overview of these evolving
Corporate governance is a critical aspect of any business, ensuring that companies operate efficiently, ethically, and in the best interests of all stakeholders. This article provides a comprehensive guide to mastering corporate governance, offering insights and practical strategies to implement
In today's rapidly changing world, risk management has become a critical function for global business leaders. The accelerating risk environment, characterized by increasing volatility, interconnectedness, and intensity of risks, has raised the stakes for risk managers. Factors such as climate