RIGHT TO MANAGE
Right to Manage
The fundamental human right that allows people to take charge of their own lives and make decisions that impact them is called the right to manage. The freedom to work, choose a profession, create and run a business, and engage in other forms of economic activity are all included in the right to manage. It also involves the freedom to set ones working hours, take vacations, and retire whenever one wants.
The Right to Manage is commonly utilized by companies where shareholders, who may also be employees, are legally empowered to govern the company without the involvement of a board of directors. Small, privately-held businesses adopt this approach to avoid the bureaucratic hurdles and costs associated with a board. Larger corporations may use it to fortify themselves against hostile takeover attempts.