Corporate Recovery: Positivity goes a long way

There is an argument which suggests that you can gauge a lot about a country's economic maturity by its attitude towards failure.

24th February, 2013
Graham Byrne, managing director of Bibby Financial Services Ireland.

There is an argument which suggests that you can gauge a lot about a country's economic maturity by its attitude towards failure. Indeed, there are some economies - notably the US - where it is quite normal for entrepreneurs to have been through a number of failures before they experience eventual success, and where even the nuclear option of bankruptcy is viewed as no more or no less than a tool for entrepreneurs to pick...

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