management control
noun[U]
WORKPLACE,MANAGEMENTukusthesystemsthatmanagersuse to makesurethat acompanyor anorganizationisrunin aneffectiveway:
Someareasaddressedbymanagementcontrolsystemsmayincludeaccountingmethodsandperformancemeasurement.
thefactof apersonorgroupbeing inchargeof acompany, etc. because they own it or have moresharesthan anybodyelse:
Thefamilyinsiststhat it willretainmanagementcontrolof thecompany.