To reconcile the contraries: discretion of management and owners activity

S. I. Lutsenko ()

Outlines of global transformations: politics, economics, law, 2014, vol. 7, issue 3

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).

Date: 2014
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