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From the Interests of Shareholders to the Interests of Stakeholder Wide Groups in the Basis of Strategic Stability of Business

Authors :
Babaeva Meltem Samedovna
Source :
Vestnik MGSU, Iss 10, Pp 94-104 (2016)
Publication Year :
2016
Publisher :
Moscow State University of Civil Engineering, 2016.

Abstract

At the present time profound economic and political changes are happening in Russia, which directly influence the state and development speed of the construction industry. The consequences of the crisis affected business activity construction companies in Russia. The prospects of the further development of construction and investment sector are possible only in case of creation of competitive products: creation of construction objects with accound for market demands, application of modern construction technologies and high-quality materials, reduction of labour, materials, energy costs per unit of construction production, decrease of bureaucratization of the procedures and minimization of shadow economy influence on order distribution. This is possible only in case of efficient interaction of the participants of construction and investment sector. The author considers the concept of stakeholders and the problem of interaction of the participants of construction-investment sector due to the lack of attention of professional community to the corresponding field of knowledge - the stakeholder theory. On meso-level the diversity of functional roles resulting from the main provisions of this theory, greatly influences the strategic positions of the development of the field. The author also considers the use of bank guarantees and bonds and other issues for improving the sphere of activities of companies with a great number of stakeholders.

Details

ISSN :
23046600 and 19970935
Database :
OpenAIRE
Journal :
Vestnik MGSU
Accession number :
edsair.doi.dedup.....55077612645d7ef8312429a77f270f21
Full Text :
https://doi.org/10.22227/1997-0935.2016.10.94-104