TRUSTS CONCEPT SETTINGS IN MANAGEMENT LIMITED COMPANY
Abstract
The concept of trust is very much needed to guarantee legal certainty for the management of the company to what extent
the responsibility of the manager to complete the work in the management of the company is. Thus, how trusts strategies
in operating the company ought to be identified and understood so that the managers are not mistaken and can escape
risks. Danger according to Laurance (Crane, 2013). Uncertainty isn't sure of what will happen in the future. The greater
the chance the greater the confusion. So the danger will definitely affect both the manager and the company that he
manages. In practice, there are sometimes managers in the field who don't know the concept of trust. In the other hand,
the company's management is being asked to take full responsibility for what it handles. And grudges the problem is
how to handle the trusts in business management? This research was conducted normatively, using the laws and
regulations applicable to it. The aim of this research is to find out if a limited company requires trust arrangements in
its management. In the limited liability company law regulations on the principle of trusts were not governed
normatively.