1. The Cognitive Approach to Formation of an Efficient Corporate Management System
- Author
-
Otenko Pavlo V.
- Subjects
corporate management ,strategic decision ,provisions ,regulations ,cognitive approach ,model ,concepts ,Business ,HF5001-6182 - Abstract
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.
- Published
- 2017