THE CORPORATION MANAGEMENT

Journal Title: Acta Economica - Year 2005, Vol 3, Issue 3

Abstract

A corporation as an economic organization is a joint-stock company that can be created as a European company on the basis of a contract regulating foundation of at least two legal subjects as an investment of capital. It can also be another form of investment, but a European company is one of the most important international corporations in the common market of the EU. Managing of such a corporation is in the function of making profit, in achieving other goals of those interested in doing business successfully. For that reason it is necessary to get relationships in corporations in balance so that every profit-making unit gets as much independence in decision-making as possible in order to fit in the laws that govern market. That kind of interest makes self-organizing a preferable trend in corporations, where each employee’s expertise is pronounced to the maximum. That way it is possible to establish a dialogue between a machine and a worker, by which the intellectual capacity of every qualified employee can be deployed to eliminate shortages in achieving greater profit. As opposed to the mechanistic trend, self-organizing accepts a dialogue with employees, their inclusion in making important decisions and sociological instincts. Therefore this trend of developing profitable corporations is the one to be applied in greater capacity in the future. Not only does the corporation management include the owners of a corporation, but it also includes employees and other interested subjects. Inclusion of employees in the managing process is effected by means of a written contract reached by the representatives of workforce with the managerial board of a corporation. However, employees should be included in the process only to the level of participation. In no way should they be involved in making important decisions regarding, for example, development plans, because the right to manage a corporation is exclusively won by having share in capital, and it is not based on work, because it would make it self-management then, which proved itself to be no good.

Authors and Affiliations

Rajko Kasagić, PhD

Keywords

Related Articles

MERGERS AND ACQUISITIONS AS TYPES OF CONTROL TRANSACTIONS ON THE MARKET FOR CORPORATE CONTROL

Mergers and acquisitions are types of control transactions on the market for corporate control that often imply dramatic changes for shareholders, employees and especially for managers. Theory and praxsis have shown that...

The new regulation of rating agencies and its influence on financial markets

The crisis in global financial markets, in the last year, has evolved into a crisis of the euro zone. In the countries of the European Union, especially in political discussions of “Euro-politicians” rating agencies are...

Necessity Tools In Managing Subjects Changes And Development

Results and effects in implementing development changes in and on compound structure, i large part depend on the models, methods /technology/ which are used in changes defining., projecting, programming and in making dro...

FORENSIC ACCOUNTING AS SOLUTION ON ECONOMICS CRISIS OF FRAUD

What have the contemporary accountants with a temporary financial and economic crisis? Is it possible that absence of effective legal, professional and ethical rules caused our economic crisis? We may ask if we have enou...

The Capacity of Republika Srpska for Developing of Small and Middle Enterprises

The experiences in developed countries shown that small and midlle enterprises has become the generator of development of whole economy and employing of people. The small enterprises are much more reliable on market dema...

Download PDF file
  • EP ID EP43583
  • DOI -
  • Views 257
  • Downloads 0

How To Cite

Rajko Kasagić, PhD (2005). THE CORPORATION MANAGEMENT. Acta Economica, 3(3), -. https://europub.co.uk/articles/-A-43583