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Persistent link: https://www.econbiz.de/10011092512
Corporate governance is mainly focused on ensuring that managers act in shareholders' interest. Therefore, this concept has emerged as essential to minimize conflicts in the company and to discourage managers to take leverage decisions that enhance their own benefits, to the detriment of...
Persistent link: https://www.econbiz.de/10011124153
Remarks at the New York Bankers Association Financial Services Forum, New York City.
Persistent link: https://www.econbiz.de/10010724934
of the board is to direct the activities of the managers. However, professional management increasingly makes most … strategic decisions, pushing the board into a supervisory role. We present two groups of findings on changing board – management … relationships. We identify three corporate governance models: traditional model, management model, and corporation model, and we …
Persistent link: https://www.econbiz.de/10010730937
Implementing a risk management process, in the economic entities is required firstly since there occurs the uncertainty …, and secondly since the risk management is the cornerstone of corporate governance. …
Persistent link: https://www.econbiz.de/10010780653
The Russian corporate governance has evolved since the 1998 financial crisis. The author examines both normalization and preservation in the corporate structure, which can simultaneously be observed in the adaptation of Russian enterprises. The Russian corporate governance reflects the unique...
Persistent link: https://www.econbiz.de/10010859282
Although topics in corporate governance have been present in literature for almost a century, most of the theoretical and empirical work has focused on large and public companies, or the "<italic>Berle-Means-Corporation</italic>" in which fragmented ownership, caused by the separation of ownership and control,...
Persistent link: https://www.econbiz.de/10010990890
The main objective of the paper is to discuss the importance of dynamic optimization models for an effective management … which must be followed for implementing it. In Section 3 is presented a dynamic model of enterprise management – The …
Persistent link: https://www.econbiz.de/10011004949
The paper refers to the development of corporate governance phenomenon in the Federal Republic of Yugoslavia (FRY) during the 1990s of the twentieth century. It is about the country established by disintegration of the former socialist Yugoslavia, which was in the immediate war zone, under the...
Persistent link: https://www.econbiz.de/10010742000
Governance is the set of structural features needed to effectively manage a company oriented toward the creation of value. Starting by considering an organization as a viable system, whose ability to survive depends on actions by the governing board and the pressure and expectations expressed by...
Persistent link: https://www.econbiz.de/10011149443