Organizations Bankruptcy Issues from the Crisis Manage-ment Perspective

Abstract

In modern societies, the organization’s bankruptcy process management has become more dominant aimed to improve economic growth in the framework of the legal and economic system regulations. One of the main institution of the economic development is the organization’s bankruptcy process state regulation, which is carried out through the relevant legal acts and structures that serve that process. Therefore, the effective operation of this institution would ensure the functionality of separated and related organizations and spheres, and would promote the employment of the population and the increase of its level, and would increase of the state budget revenues.