The evidence of this study suggests that financial crisis was not avoidable. However, some issues must be taken into account depending on firms or banks that they choose in order to avoid a financial crisis.
To summaries by saying that both leaders and managers are different but if managers bring good management skills and leaders bring good leadership skills than an organization may grow. The evidence of this study suggests that leaders are a lot different than managers.
The statement ‘Accountancy is 50% low-grade arithmetic and 50% guesswork’ made by Richard Lewis does not have any truth about it because of the arguments against are more than the arguments for the statement.