Economic Strategizing of the Implementation of Corporate Integration Scenarios of Joint-Stock Companies of Ukraine

Author:

Bondar Іu. A.1ORCID,Zhovnovach R. I.2ORCID,Metil T. K.3ORCID,Bondarenko I. V.4ORCID

Affiliation:

1. Flight Academy of the National Aviation University, Kropyvnytskyi

2. Central Ukrainian National Technical University, Kropyvnytskyi

3. Izmail State Humanities University, Izmail

4. Izmail State Humanities University, Izmail.

Abstract

In the article researching the main aspects of corporate management strategy at enterprises, familiarization with the principles of corporate management, as well as determining the directions of development of the strategy of corporate integration of joint-stock companies as a whole, the main aspects of corporate management of the enterprise are also indicated. International standards and norms of corporate governance of the Organization for Economic Cooperation and Development (OECD), which are aimed at significantly improving national systems of corporate governance, are considered. The “Code of Corporate Conduct”, a document that describes the organization of the board of directors’ activities and the corporate governance system as a whole, was studied. The rules and procedures for making management decisions related to the enterprise’s activities and the implementation of control procedures, as well as the distribution of rights and responsibilities between divisions according to the enterprise, as well as the principles of corporate governance, specifically from the participation of enterprises of the corporate sector in the political and social life of the country, are considered depends on the level of its economic development. The main indicators of the effectiveness of corporate management were formed, reflecting the degree of compliance with the principles of corporate management, the results of the financial and economic activity of the enterprise, as well as indicators reflecting the risks of corporate management. The directions of the development of the corporate governance system for the economy as a whole are determined, and the need for partnership relations between shareholders is also considered. It was determined that economic strategizing is an integral part of the management system of a joint-stock company – a real embodiment of management relations and involves not only the development of a strategic plan and the organization of its implementation, but also other aspects of management and social activities that allow purposeful transfer of the object to a new quality , that is, goal setting is the basis of strategizing.

Publisher

Academy of Economic Sciences of Ukraine

Subject

General Medicine

Reference19 articles.

1. Antonenko, V. I. (2014). Korporatyvne upravlin nia – vazhlyvyi element menedzhmentu na pidpryiemstvi. [Corporate governance is an important element of enterprise management]. Visnyk KNTEU – Bulletin of KNTEU, 3, pp. 120-128 [in Ukrainian].

2. Bondar, Іu. A., Lehinkova, N. I. (2018). Osnovni aspekty korporatyvnoho upravlinnia pidpryiemstvom [Basic aspects of corporate management of the enterprise]. Intellect XXI, 4, рр. 40-44 [in Ukrainian].

3. Bondar, Iu. A., Miroshnychenko, Z. A. (2019). Korporatyvna kultura v systemi upravlinnia personalom pidpryiemstva [Corporate culture in the personnel management system of the enterprise]. Pidsumky rozvytku naukovoi svidomosti: 2019 [Results of the development of scientific consciousness: 2019]: Proceedings of the practice conference. (pp. 27-29). Seoul (South Korea) [in Ukrainian].

4. Hutsaliuk, O. M. (2015). Formuvannia korporatyvnoi intehratsiinoi stratehii aktsionernoho tovarystva [Formation of the corporate integration strategy of the joint-stock company]. Derzhava ta rehiony. Seriia : Ekonomika ta pidpryiemnytstvo – State and regions. Series: Economy and entrepreneurship, 3 (84), pp. 40-49 [in Ukrainian].

5. Hutsaliuk, O. M., Bondar, Іu. A., Popov, O. E. (2022). Formation of investment attractiveness and ensuring economic efficiency of corporate enterprises. Ekonomichnyi visnyk Donbasu – Economic Herald of the Donbas, 2 (68), pp. 79-85. DOI: https://doi.org/10.12958/1817-3772-2022-2(68)-79-85.

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