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Building a system of corporate governance and control in small and medium-sized businesses

Journal: Business Education in the Knowledge Economy (Vol.6, No. 3)

Publication Date:

Authors : ;

Page : 111-116

Keywords : corporate governance; board of directors; subsidiary liability; joint-stock company; enterprise development;

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Abstract

The current pace of market development obliges the business owner to be flexible in their decisions. Unfortunately, most businessmen forget about one of the strongest weapons in human hands - the ability to adapt to the environment and turn its features to their advantage. Therefore, in order to fight outdated views and the inability to adequately assess their strengths, the concept of corporate governance comes to the aid of modern business.

Last modified: 2021-03-12 13:07:05