The management is considered as one committee/body; whatever decision or rule is taken is unanimous, hence management is followed by "HAS"; grammatically speaking, it is taken as singular. Hope this explanation will suffice your requirement.
Management is a collective noun. We use the singular form of the verb with a collective noun like India, team, committee, Govt, etc. You can also refer to a grammar book to gain knowledge about collective nouns.
Such words as "management" and "government" can take singular and plural verbs. Please consult the Oxford Learner's Dictionary of Current English.
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