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Entrepreneurship (Enterprise) Financial Stability

Entrepreneurship (Enterprise) Financial Stability

Ayansola Olatunji Ayandibu, Samuel Olutuase
Copyright: © 2023 |Pages: 14
ISBN13: 9781668471401|ISBN10: 166847140X|ISBN13 Softcover: 9781668471418|EISBN13: 9781668471425
DOI: 10.4018/978-1-6684-7140-1.ch001
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MLA

Ayandibu, Ayansola Olatunji, and Samuel Olutuase. "Entrepreneurship (Enterprise) Financial Stability." Entrepreneurship Ecosystems and Their Opportunities and Challenges, edited by Mohammed El Amine Abdelli, et al., IGI Global, 2023, pp. 1-14. https://doi.org/10.4018/978-1-6684-7140-1.ch001

APA

Ayandibu, A. O. & Olutuase, S. (2023). Entrepreneurship (Enterprise) Financial Stability. In M. Abdelli, S. Ul-Durar, & H. Wasef Hattab (Eds.), Entrepreneurship Ecosystems and Their Opportunities and Challenges (pp. 1-14). IGI Global. https://doi.org/10.4018/978-1-6684-7140-1.ch001

Chicago

Ayandibu, Ayansola Olatunji, and Samuel Olutuase. "Entrepreneurship (Enterprise) Financial Stability." In Entrepreneurship Ecosystems and Their Opportunities and Challenges, edited by Mohammed El Amine Abdelli, Shajara Ul-Durar, and Hala Wasef Hattab, 1-14. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-7140-1.ch001

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Abstract

The pursuit of financial stability as a goal for entrepreneurs/enterprises is no more underscored than the shocks created by the COVID-19 pandemic. Up till the end of 2019, more attention to measuring and strategizing for financial stability has been largely limited to the national economy and the financial sector. However, the COVID-19 impacts which include forcing a large number of enterprises out of the market necessitates a focus on enterprise financial stability. This chapter adopts the CAMELS framework to explain the concept of enterprise financial stability. It further expatiated the concept from the perspectives of shocks arising from global, regional, national or industry disruptions. The chapter concludes with cornerstones for strategising and maintaining an enterprise's financial stability in the event of disruptions.

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