Optimization of management control costs in the context of transaction expenses (in terms of an educational organization)

¹ Ulyanovsk State University, Lva Tolstogo street, 42, 432970 Ulyanovsk, Russian Federation
² Lobachevsky National Research Nizhny Novgorod State University, Gagarin Ave., 23, 603950 Nizhny Novgorod, Russian Federation

^* Corresponding author: ermof19@mail.ru

Abstract

The article examines the importance of management control for optimizing the transaction expenses in an educational organization. The author highlighted the opinions of the economists from various theoretical positions. Examples of changes in the optimal control costs, the occurrence of losses from the organization of ineffective control nave been considered, possible ways of solving the problems that have arisen have been given. The extensive material has been structured, which made it possible to highlight the relevance of the study of transaction expenses. According to the authors, the minimum amount of control costs is determined at the point of equality of explicit and implicit transaction costs, that is, the losses of the organization and the costs of executing contracts. At the same time, the optimal amount of control costs will be in the area of relevance of the marginal costs of control and the marginal benefits from the implementation of control measures. Deviations from this zone in any direction are undesirable for the organization.