Open AccessAn Impact of Operating and Non-Operating Expenses on Financial Viability in Jet Airways
Author(s) -
Dr.M. Shankar,
Dr.Meena GL.,
V. Mouneswari
Publication year - 2019
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.j9552.0881019
Subject(s) - insolvency , business , bankruptcy , shareholder , blame , financial crisis , government (linguistics) , accounting , finance , economics , corporate governance , psychology , linguistics , philosophy , psychiatry , macroeconomics
‘Crisis’ – the result of insolvency and bankruptcy situation for a firm or nation. The reasons for a crisis of a firm are internal and external environmental facts to which the firm couldnot understand thoroughly. During the crisis the shareholders blame the firm’s policies, procedures and administrative strategies. The banks show reluctance not only to the firms but also to their linkages also. In the present paper a detailed study has been carried out about the crisis in Jet Airways. For the purpose descriptive study has been chosen to know the root cause which damaged the harmonic functioning of the company. The results have disclosing that pre-emptive actions must be taken by the firms to absorb corporate government policies perfectly. It is the primary responsibility in front of the Governments to involve in internal activities of the corporate firms and the policies should be made by makers in such a way only.