The Cognitive Approach to Formation of an Efficient Corporate Management System

The article clarifies the concept of «strategic decision in corporate governance» and systematizes types of strategic decisions by means of allocating attributes, corresponding to the organizational and instrumental aspects of their adoption, as well as the goal determination of enterprise. The arti...

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Main Author: Otenko Pavlo V.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-05-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-96_102.pdf
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author Otenko Pavlo V.
author_facet Otenko Pavlo V.
author_sort Otenko Pavlo V.
collection DOAJ
description The article clarifies the concept of «strategic decision in corporate governance» and systematizes types of strategic decisions by means of allocating attributes, corresponding to the organizational and instrumental aspects of their adoption, as well as the goal determination of enterprise. The article forms the theoretical basis for studying the strategic decision-making in the corporate management – the basic provisions of the institutional, cognitive, rational, competence, and resource approaches. The parameters of quality of corporate management are: compliance with principles, norms, rules; balancing the interests of key groups involved in corporate relations, action of mechanisms for the information transparency and the control over strategic decision-making. The cognitive approach to the modeling of corporate conditions for strategic decision-making, support for their effective implementation, and possible situations where the balance of interests is violated, has been presented.
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spelling doaj.art-dc50d999148d45208c1cc58f31377c422022-12-22T03:20:43ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-05-01547296102The Cognitive Approach to Formation of an Efficient Corporate Management SystemOtenko Pavlo V.0Postgraduate Student, Research Centre of Industrial Problems of Development of NAS of UkraineThe article clarifies the concept of «strategic decision in corporate governance» and systematizes types of strategic decisions by means of allocating attributes, corresponding to the organizational and instrumental aspects of their adoption, as well as the goal determination of enterprise. The article forms the theoretical basis for studying the strategic decision-making in the corporate management – the basic provisions of the institutional, cognitive, rational, competence, and resource approaches. The parameters of quality of corporate management are: compliance with principles, norms, rules; balancing the interests of key groups involved in corporate relations, action of mechanisms for the information transparency and the control over strategic decision-making. The cognitive approach to the modeling of corporate conditions for strategic decision-making, support for their effective implementation, and possible situations where the balance of interests is violated, has been presented.http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-96_102.pdfcorporate managementstrategic decisionprovisionsregulationscognitive approachmodelconcepts
spellingShingle Otenko Pavlo V.
The Cognitive Approach to Formation of an Efficient Corporate Management System
Bìznes Inform
corporate management
strategic decision
provisions
regulations
cognitive approach
model
concepts
title The Cognitive Approach to Formation of an Efficient Corporate Management System
title_full The Cognitive Approach to Formation of an Efficient Corporate Management System
title_fullStr The Cognitive Approach to Formation of an Efficient Corporate Management System
title_full_unstemmed The Cognitive Approach to Formation of an Efficient Corporate Management System
title_short The Cognitive Approach to Formation of an Efficient Corporate Management System
title_sort cognitive approach to formation of an efficient corporate management system
topic corporate management
strategic decision
provisions
regulations
cognitive approach
model
concepts
url http://www.business-inform.net/export_pdf/business-inform-2017-5_0-pages-96_102.pdf
work_keys_str_mv AT otenkopavlov thecognitiveapproachtoformationofanefficientcorporatemanagementsystem
AT otenkopavlov cognitiveapproachtoformationofanefficientcorporatemanagementsystem