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- W1511494291 abstract "Self-management is a unique system that communists in the former Yugoslavia first invented. The outline of its mechanism can be depicted as follows: The highest decision-making body of an enterprise was workers’ council, whose members were elected among workers of the enterprise. Workers controlled the management of their enterprise through the workers’ council. However, professionals of business administrators, who were daily engaged in management of the enterprise, were indispensable. Professionals such as directors were appointed by workers’ councils after calls for candidates for the posts and selections of the candidates by selection committees. A general director was empowered to represent his enterprise and was requested to endeavor to develop the enterprise. Workers’ councils had a power to relieve directors from their positions depending on circumstances. Between professionals and workers there was delicate relationship in which the former directed the latter in daily operation on the basis of professional expertise and experiences while the former were controlled by the workers’ council. Futagami (1978) aptly expresses this relationship as ‘management without employers’. Self-management can be found in capitalist economies as shown by a case of Mondragon1 in Spain or voluntary continuation of operation of bankrupt enterprises by trade unions2. In the case of the former Yugoslavia, however, self-management was not confined to the level of individual enterprises. Self-management, which started in 1950 in this country, was at first applied to industrial enterprises. Then the scope, in which self-management was carried out, was gradually extended also to other spheres including public services. This was an ambitious experiment which aimed to govern not only the economy but also the whole society including politics, based on the principle of self-management. This was in striking contrast to other socialist coun-" @default.
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- W1511494291 date "2013-01-01" @default.
- W1511494291 modified "2023-09-23" @default.
- W1511494291 title "Self-management in the Former Yugoslavia: From a Viewpoint of Corporate Governance" @default.
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