THE TERM CORPORATION IN MODERN GLOBAL CONDITIONS
THE TERM CORPORATION IN MODERN GLOBAL CONDITIONS

Summary/Abstract: In the second half of the XX century, performances so-called new economic wave - Globalization. Globalization is a connection that transcends the framework of national states, and aims to increase economic growth and wealth. In the introductory part of this paper, the author determines the terms globalization and corporation. Furthermore, the author determines the elements for the efficient operation of the corporation. In the concluding observations, the author determines the corporate governance system, the internal and external mechanisms of corporate governance, the profit making as a strategic goal of the corporation, and the role of the security management. The subject of research is the corporation and the elements for its efficient operation as a modern business entity. Purpose of research is the importance of corporate security in scientific literature.

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