Scholarly record
CORPORATE GOVERNANCE EFFICIENCY OF ENTERPRISES IN THE VUCA CONDITIONS
Abstract
The integration process in East-European countries of EU are connected with economic and political destabilization which cause activation of the researches connected with aspects of increase in efficiency of corporate governance of different industry specialization entities. The company which in its activities follows the principles of good corporate governance, enjoys the confidence of the investment society. Therefore, methods of determination and assessment of entities cost efficiency and estimation of cost efficiency of enterprise corporate governance system are staticized by time and an economic situation in the EUs country in VUCA conditions. In the paper is used such a methodological base as: logic, dialectics, system approach, methods of comparative analysis and synthesis, methods of formalization; indexing methods of integral indicators; fuzzy logic and statistical analysis, economic-mathematical modeling methods and institutional theory. The results thus obtained are highly valuable and can be used in the determining the similarity of the particular corporate governance model to the basic world model. That will allow to navigate and use specific institutional framework of the basic model and practical solutions to the problems inherent in this basic model, which are embodied in recommendations concerning the application of the basic institutions of a corporate governance model for every economic level. Therefore, the method of determining and assessing the effectiveness of corporate governance model on any economic level, under conditions of VUCA includes not only compliance corporate governance of certain international principles and standards of corporate governance, but also dependence on the institutional environment.
Publication Impact Profile
Publication details
References13
Kevin Roberts (2016) Menedzhment umer. Marketing umer. Strategija umerla, https://slon.ru/calendar/event/821687/ [Accessed 7.12.2016]
Bedzay О., “Diagnostics of the system of corporative management effectiveness”, Ph.D. Thesis, Economics and management the enterprises (by the types of economic activities, Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovskiy, Donetsk, Ukraine, 2011, p. 20.
Ihnat'ieva I., Osoblyvosti stanovlennia formy korporatyvnoho biznesu ta korporatyvnoho sektoru Ukrainy, retrieved from http://www.economy.nayka.com.ua [Accessed 7.12.2016]
Moroz О., Karachyna N., Khalimon, Т., Korporatyvne upravlinnia na pidpryiemstvakh Ukrainy: postpryvatyzatsijnyj etap evoliutsii, Vinnytsia: UNIVERSUM, 2007,p.180.
Podol'chak N., Problemy otsiniuvannia ta rehuliuvannia sotsial'no-ekonomichnoi efektyvnosti system menedzhmentu mashynobudivnykh pidpryiemstv. L'viv: Vydavnytstvo L'vivs'koi politekhniky, 2010, p.340.
Vereitina I.Yu., “Organizing-methodical ensuring the estimation to efficiency of corporative management”, Ph.D. Thesis, Economics and management the enterprises (by the types of economic activities, Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovskiy, Donetsk, Ukraine, 2010, p.20.
Zakharchyn H., Korporatyvna .kul'tura iak model' spivisnuvannia sub'iektiv rynkovoho seredovyscha. Visnyk L'vivs'koho derzhavnoho instytutu novitnikh tekhnolohij ta upravlinnia im. V. Chornovola «Aktual'ni problemy rynkovoi ekonomiky», No (2), pp. 167-173, 2007.
Aoki M., H'jung Ki Kima. Korporativnoe upravlenie v perehodnyh jekonomikah: insajderskij kontrol' i rol' bankov, SPb.: Lenizdat, 1997, p. 558.
Zadykhajlo D. V., Kibenko O. R., Nazarova H. V. Korporatyvne upravlinnia: navch. Posib, Kharkiv: Eksponada, 2003, p. 688.
Nazarova H. V. Orhanizatsijni struktury upravlinnia korporatsiiamy: Monohrafiia, Kh.: VD «Inzhek», 2004, p.420.
Coffee J.C. Shareholders Versus Managers. Oxford University Press, New York, 1988, pp. 77-134.
Dyck A., Wruck K. Orgaization structure, aa contract design and goverment ownership: A clinical analysis of German privatization, Journal of Corporate Finance, 1998, Vol. 4, №2, pp. 265-299.
Holikova V., Rozvytok korporatyzmu i korporatyvnykh vidnosyn v ekonomitsi Ukrainy, K.: In-t ekonomiky i prohnozuvannia, 2002, p. 30c.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.
