QUALITY AND CONTROL OF CORPORATE MANAGEMENT AS BASES OF EFFICIENCY OF FUNCTIONING JOINT-STOCK ENTERPRISE
Journal Title: Проблеми і перспективи розвитку підприємництва - Year 2013, Vol 1, Issue 4
Abstract
In the presented work analyzed features of domestic enterprises - corporations. The analysis of existent charts of corporate management is conducted from the point of view of higher management and shareholders. Considered basic subjects of corporate relations, mechanism of control of shareholders after activity of managers of joint-stock company. The aim of work are an analysis and development of suggestions in relation to upgrading of management a corporation as by the subject of market economy. One of basic problems of management is conflict of interests of managers of company, that pursue the aims, and by shareholders. As world experience shows, guidance often accepts administrative decisions on the basis of own ambitions, that diminishes efficiency to activity of enterprise - joint-stock company. For minimization of losses of shareholders from opportunism (such that does not answer interests of shareholders) behavior of managers the effective enough internal and external checking system is created in foreign practice of corporate management. A national corporate case frame does not have levers of influence on a management, also absent internal and external checking systems. A situation that was folded can bring to substantial reduction of profits joint-stock over society as a result of defects of management. Therefore it is extremely necessary to build the system of supervision after the actions of guidance and estimation of quality made decision. By the alternative of mechanism of corporate control of proprietors and shareholders after the actions of managers in the Ukrainian economy temporally the institute of economic responsibility of leaders of enterprises can become for quality of administrative decisions that is accepted by them. It is necessary, that a leader understood that his actions would be tested and appraised properly. As a result of the article recommendations are given in relation to upgrading of management a corporation through control above activity of leading links.
Authors and Affiliations
Mykola Prokopenko
Keywords
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