FACTORS FOR CORPORATE MANAGEMENT IMPROVEMENT AT ENTERPRISES IN COMPETITIVE CONDITIONS
DOI:
https://doi.org/10.15330/apred.1.14.92-98Keywords:
corporate governance, factors of perfection, principles, joint-stock company, competitive approach, competitive potential, stakeholders (stakeholders)Abstract
The article considers the urgency, preconditions and directions of improvement of corporate management in domestic practice. General peculiarities of such activity in Ukrainian practice are summarized. The expediency of a competitive approach applying to improve the corporate governance by substantiating the efficiency of the corporate sector of the economy and encouraging investors to invest in the real sector of the national economy is substantiated. Attention is drawn to the fact that corporate governance improving on the basis of a competitive approach allows us to take into account both the factors of the external environment formed by successful corporations and creating the competitive advantages on the international level, and the internal environment, which forms a stable competitive advantages of each corporation in accordance with the operating system of management in the organization. The key ways of improving corporate governance for domestic enterprises are summarized and groups of factors that have an impact on the management of corporations are highlighted.
References
2. “Annual Report of the National Securities and Stock Market Commission “Securities Market. European Choice: New Opportunities and Growth for 2011-2015.” National Securities and Stock Market Commission, www.nssmc.gov.ua. Accessed 10 Mar. 2018.
3. “Number of economic entities by organizational forms.” State Statistics Service of Ukraine, www.ukrstat.gov.ua/. Accessed 10 Mar. 2018.
4. Moroz, O. V., Karachina, N. P., and T. M. Khalimon. Corporate governance at Ukrainian enterprises: Post-privatization stage of evolution, UNIVERSUM, 2007.
5. Prahalad C. K., and Gary Hamel. The Core Competence of the Corporation, 1990. Management.com.ua, www.management.com.ua/strategy/str006-u.html. Accessed 10 Mar. 2018
6. Akoff, R. L. Planning for future corporations, Progress, 1985.
7. Moses, Acquaah. “Corporate Management, Industry Competition and the Sustainability of Firm Abnormal Profitability.” Journal of Management and Governance, issue 7, 2003, pp. 57-85. Springer link, link.springer.com. Accessed 10 Mar. 2018.
8. Licker, Jerry C. TOYOTA philosophy. 14 Principles of a Collaborative Team, Our format, 2017.
9. Welch, Jack. The winner. Everything you wanted to know about the work of the manager, but were afraid to ask, Our format, 2017.
Downloads
Published
How to Cite
Issue
Section
License
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution NonCommercial NoDerivs 4.0 Unported License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access)