Two Centuries of Panic: A History of Corporate Collapse in Australia

Published by Allen & Unwin, 1988, hardcover, illustrated, 593 pages, jacket protector, 16.5 cms x 23.6 cms x 4.8 cms, condition: new.

A book written by a financial journalist giving an insider view into the reasons for the financial collapse of companies, offering the reader the opportunity to learn from history's mistakes. The author argues that more companies are ruined by bad management than by the vagaries of the economy reasoning that the seeds of disaster are sown in booms, not recessions. The publication is also the first ever history of corporate collapses in Australia, from the first bank closure in the 1820s through the recession of the 1840s, 1890s, 1920s and 1970s.