mismanagementnoun [ U ]
uk/ˌmɪsˈmænɪdʒmənt/usMANAGEMENT a situation in which something such as a company or an economy is organized or controlled badly:
economic/financial mismanagement They are investigating significant financial mismanagement by former board members.
mismanagement of sth He is being sued for alleged mismanagement of the assets of a private company.
mismanagement in sth Foreign investors pulled money out of the country because of corruption and mismanagement in the banking system.