SYSTEMS OF COMPANY MANAGEMENT IN MACEDONIA
Biljana Petrevska
Delcev 9b, 1000 Skopje, Macedonia
Jasmina Mishoska Simov
DOI: https://doi.org/10.31410/limen.2018.199
4th International Scientific – Business Conference LIMEN 2018 – Leadership & Management: Integrated Politics of Research and Innovations, Belgrade – Serbia, December 13, 2018, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; Faculty of Engineering Management – Belgrade, Serbia; Modern Business School – Belgrade, Serbia; Faculty of Business and Management Sciences – Novo Mesto, Slovenia; Faculty of Business Management and Informatics – Novo Mesto, Slovenia; Business Academy Smilevski – BAS, Skopje, Macedonia; BAS Institute of Management, Bitola, Macedonia, ISBN 978-86-80194-15-8
the supervision and control of the company. However, the choice of one of the systems of
corporate governance (one-tier and two-tiered system) is really complex, and at the same time
it is a key issue that every business entity faces at the beginning of its business venture. The
basic criterion for distinguishing these two basic models of company management for corporate
governance is the way of organizing management functions and oversight. Hence, the main
goal of this paper is to analyze, first and foremost, the two management systems, and then to
see the differences and common features that these models possess. Knowledge of this paper
are the various models of corporate governance (one-tier and two-tier) through the prism and
the development of corporate governance in the Republic of Macedonia. In this way, our
intention with this paper is to help decision-makers in the companies (i.e. managers, directors,
owners, shareholders) to choose the right and the best management model for their business
entity.
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