Časopisi po područjima
Politike i razmjena
The organizational function of governance: Development, problems, and possible changes
; University of Ljubljana, Faculty of Economics
Puni tekst: engleski, pdf (297 KB)
Rozman, R. (2000). The organizational function of governance: Development, problems, and possible changes
. Management : journal of contemporary management issues, 5(2), 94-110. Preuzeto s http://hrcak.srce.hr/184663
The relationship between the organizational functions of governance and management is one of the most crucial for the effectiveness of the corporation. Different countries have developed different ways of sorganizing the governing function in order to protect the interests of the owners, while leaving managers enough freedom to take managerial decisions and actions. Many symptoms show a decrease in the role of governance and of owners. Authors discuss reasons for that decline and suggest solutions to bring back the power of owners. In this article the author defines governance and management and their relationship, compares problems of the two basic models of governance and summarizes the solutions. He discusses the improvements of the present models of governance, and then speculates on possible future developments in two directions: stakeholders governance and self-governance.
management; corporate governance; stakeholders
Hrčak ID: 184663
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