Journals / Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi / 2015 / Cilt: 3 - Sayı: 1

Financial Crisis and Sensemaking Theory: A Retrospective Approach to 2008 Crisis

Finansal Krizler ve Anlamlandırma Teorisi: 2008 Krizine Retrospektif Bir Yaklaşım

Pages
111–124
Publication Date
2015-01-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Even though retrospective sensemaking approach is used in the study, prospective sensemaking will assure process improvement, organizational learning and performance evaluation in terms of organizational behavior and organization economics

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The purpose of the article is to assess Karl Weick’s sensemaking theory in terms of economics, in order to research the validity of theory for preventing financial crisis or taking precaution.
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Key Findings & Data:Financial indicators that were effective in 2001 financial crisis are identified; and compared retrospectively with 2008 global crisis values.
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Conclusion & Impact:Even though retrospective sensemaking approach is used in the study, prospective sensemaking will assure process improvement, organizational learning and performance evaluation in terms of organizational behavior and organization economics
🔬Design:Research Article
📍Scope:2001 Verileri
⚙️Variables:Anlamlandırma Teorisi · Finansal Kriz · Türk Bankacılık Sektörü

Abstract

The purpose of the article is to assess Karl Weick’s sensemaking theory in terms of economics, in order to research the validity of theory for preventing financial crisis or taking precaution. Crisis indicators of Kaminsky, Lizondo and Reinhart, Burkart and Coudert, Edwards are identified as crisis indicators of the research. Financial indicators that were effective in 2001 financial crisis are identified; and compared retrospectively with 2008 global crisis values. As a consequence of sensemaking 2001 financial crisis, it is put forth that negative effects of 2008 global crisis were lessened. Even though retrospective sensemaking approach is used in the study, prospective sensemaking will assure process improvement, organizational learning and performance evaluation in terms of organizational behavior and organization economics

Özet

Makalenin amacı Karl Weick’in anlamlandırma teorisini iktisadî açıdan değerlendirmek; finansal krizlerin önlenmesinde ya da tedbir alınmasında kullanılabilirliğini araştırmaktır. Çalışmada Kaminsky, Lizondo ve Reinhart, Burkart ve Coudert, Edwards kriz göstergeleri dikkate alınarak araştırmanın kriz göstergeleri belirlenmiştir. 2001 finansal krizinde etkili olan finansal göstergeler belirlenerek, retrospektif olarak 2008 küresel krizindeki değerlerle karşılaştırılmıştır. 2001 finansal krizinin anlamlandırılması sonucu 2008 küresel krizinin Türkiye ekonomisine olumsuz etkilerinin azaldığı sonucu ortaya konmuştur. Çalışmada retrospektif anlamlandırma yapılmış olmakla birlikte; prospektif anlamlandırma örgütsel davranış ve örgüt iktisadı açısından süreç iyileştirmeyi, örgütsel öğrenmeyi ve performans değerlemeyi sağlayacaktır.

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Cite This Article

TUĞSAL, T. (2015). Financial Crisis and Sensemaking Theory: A Retrospective Approach to 2008 Crisis. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi, Cilt: 3 - Sayı: 1, 111–124. https://ajindex.com/articles/173772

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