Features of the functioning of corporate control models

• Main Author: Дмитро Дмитрович Гнатченко
• Format: Article
• Language: English
• Published: PC Technology Center 2014-10-01
• Series: Tehnologìčnij Audit ta Rezervi Virobnictva
• Subjects: corporate governance; corporate control; corporate control model
• Online Access: http://journals.uran.ua/tarp/article/view/27913

Theoretical approaches to identifying effective corporate control models under conditions of economic transformation, characteristic features of corporate control models in the context of ensuring an effective control distribution between owners and managers are defined in the paper. The main aim of the study is to highlight existing corporate control models and determine effective control model to ensure gainful activity of the corporation. The need for theoretical studies of this issue is caused by imperfect study of models regarding adaptation to economic and legal features of Ukraine, as well as the need to settle corporate control relationships that would promote the resolution of the identified disadvantages of corporate control models. The study has allowed to conclude that a model that reflects the efficient control distribution in corporate enterprises between owners and managers can be considered as the corporate control model. The results of the study can be used by enterprises with corporate governance to ensure and increase their gainful activity.