The Institutional Nature of the Economic Security of Actors of the Foreign Economic Activities
The article analyzes the environment of functioning of the domestic enterprises – actors of FEA, identifies peculiarities of establishing their economic security. It is proposed not only analyze the institutional environment at macro and meso levels, but also determine the features of institution...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Research Centre of Industrial Problems of Development of NAS of Ukraine
2016-05-01
|
| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2016-5_0-pages-26_31.pdf |
| Summary: | The article analyzes the environment of functioning of the domestic enterprises
– actors of FEA, identifies peculiarities of establishing their economic
security. It is proposed not only analyze the institutional environment at macro
and meso levels, but also determine the features of institutional arrangements
within the contract paradigm. It has been emphasized that, while interacting
in the sphere of FEA, the actors conclude deals, and the dealing in the domestic
market can differ substantially from the dealing in the foreign markets. It
is proved that the increased complexity of the institutional arrangements in
the foreign markets should be compensated through the relevant benefits or
advantages for economic entities. Features of formation of the principal-agent
relations in the sphere of FEA have been determined, taking into account the
opportunistic behavior and asymmetry of information. Roles of the actors involved
in the sphere of foreign economic activity have been specified, taking
account of their impact on the economic security of enterprises |
|---|---|
| ISSN: | 2222-4459 2311-116X |