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Title Market for Executives in Ukraine
Other Titles Ринок праці для корпоративних управлінців в Україні
Authors Kostiuk, Oleksandr Mykolaiovych
ORCID
Keywords executives
Ukraine
corporate governance
менеджери
Україна
корпоративне управління
Type Article
Date of Issue 2005
URI http://essuir.sumdu.edu.ua/handle/123456789/53798
Publisher Virtus Interpress
License
Citation Kostyuk, A. Market for Executives in Ukraine / A. Kostyuk // Corporate Ownership and Control. – 2005. –Vol. 2. Is. 4. - P. 107-111.
Abstract Transformation of the structure of corporate ownership in Ukraine should be followed with transformation of approaches to decision making at all levels. This concerns executives, who are responsible for the day-to-day management of a company. As Berle and Means noted, to govern companies effectively, executives should avoid conflict of interests and managerial opportunism. This will facilitate reducing agency costs and improve corporate performance. From this perspective, executive nomination and monitoring play the most important role in reaching the above objective. Both these corporate control mechanisms are established by shareholders. Therefore, we suppose that an executive performance depends on the structure of corporate ownership and the type of controlling owner. Regrettably, since the beginning the process of privatization in 1992 no research has been conducted to answer the question: "Is there a relationship between ownership structure and efficiency of decision making by executives?"
В статті досліджуються аспекти роботи виконавчих директорів в компаніях України. Автор намагається відповісти на питання чи існує залежність між структурою власності корпорації та ефективністю прийняття рішень виконавчими директорами.
Appears in Collections: Наукові видання (ННІ БТ)

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