The Control of the State-Owned Enterprises Based on the Theory of Organization and Management

Abstract

"In the preface of the analysis of the present study on law and economics, I kindly appreciate the work of a law professor who was a great personality in the education of company law during the last century in Cluj-Napoca and Budapest as well. At the same time, the philosophers, influential thinkers, and different scientists have been concerned with the theory of organizational and management behaviour over the years. “The precondition of an efficient management of the organization” – in this case the state-owned enterprises – “is either a very thorough research or co-existence with the organization”. In the last century, the profession was centred around the three main directives: the modern, the symbolical, and the postmodern perspective. The state-owned enterprises as economic operators and the public authorities as competent holders of ownership rights of the state organizations can be used for drawing conclusions based on the comparative analysis of the organizational and management behaviour theory. The Organization for Economic Co-Operation and Development elaborated the guidelines of corporate governance of the state-owned companies. These recommendations contribute to the development of a reliable, predictable, and transparent economic environment. While we closely analyse the organizational and management behaviour theory, we can familiarize ourselves with the structure of the organization, its organizational methods (management), and it provides the opportunity to appreciate the interaction of the workers from a contrasting perspective. The aim is to facilitate awareness and sensitivity towards management progress through recognizing the organizational factors of workers’ behaviour and performance."