Every corporation, regardless of its size or industry, is exposed to risks stemming from improper actions that may occur internally or externally. Improper conduct by employees, poor managerial decisions, or the failure to take appropriate action can result in significant financial and reputational damage to the company. Although many corporations have internal mechanisms to manage…
On 21 August 2024, Law No. 08/L-256 on Bankruptcy entered into force, replacing Law No. 05/L-083. The new law essentially retains most of the provisions of the previous legislation but introduces several important changes, including the following: 1. Application exclusively to business organizations The previous law contained certain ambiguities regarding its applicability to individuals. The…
Author: Albin Xhemaili Businesses, regardless of their size, during their commercial activity invest in the acquisition, development, and application of knowledge and information, which provides them with a competitive advantage over other businesses. Investment in the creation and application of intellectual capital, for businesses, is a determining factor in terms of their performance in the…