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To reconcile the contraries: discretion of management and owners activity

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  • S. I. Lutsenko

Abstract

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).

Suggested Citation

  • S. I. Lutsenko, 2014. "To reconcile the contraries: discretion of management and owners activity," Outlines of global transformations: politics, economics, law, Center for Crisis Society Studies, vol. 7(3).
    • Handle: RePEc:ccs:journl:y:2014:id:95
    DOI: undefined
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