To reconcile the contraries: discretion of management and owners activity

The article identifies the problems associated with the control over management from active owners of company; discusses the features of interaction between the owners (expulsion from company). The article also presents tools by means of that a compromise of interests is achieved, in particular the...

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Autor principal: S. I. Lutsenko
Formato: article
Lenguaje:EN
RU
Publicado: Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) 2014
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Acceso en línea:https://doaj.org/article/45fd41e487cb4b8f9a48752e11da17a9
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Sumario:The article identifies the problems associated with the control over management from active owners of company; discusses the features of interaction between the owners (expulsion from company). The article also presents tools by means of that a compromise of interests is achieved, in particular the separation between property (ownership) and control over cash flows, the implementation of preventive measures (granting owners by fiduciary duties, using goal-setting business model).