Stakeholders' interests regulation in emergent corporate management Cover Image

Регулювання інтересів зацікавлених сторін в емерджентному корпоративному управлінні
Stakeholders' interests regulation in emergent corporate management

Author(s): Oksana Khilukha
Subject(s): Economy
Published by: Institute of Society Transformation
Keywords: Corporate Governance; Emergent Corporate Governance; Stakeholders; Matrix of Interest Coordination

Summary/Abstract: Introduction. Recent research has documented differences among corporate governance in various organizations, which affects the company’s market value. A link between corporate governance and interest of stakeholders has been examined. Purpose. The purpose of the research is to determine the essential features of the corporate governance, to investigate and to regulate stakeholders’ aims. Methods. We have identified the notion of the emergent corporate governance with the use of the method of logical semantics. Further, we have analyzed the stakeholders’ interests by applying the method of systems analysis. The forms and methods of regulation of conflicts of interests in corporate governance were determined based on analysis, synthesis and classification methods. Results. In this paper, we have defined emergent corporate governance, as well as an interaction system between shareholders and management of the corporation. This system essentially involves balancing the interests of the board directors, audit commission and other stakeholders in the emergent environment. We have examined the stakeholders’ conflicts of interest which appear because of the difference in goals of the corporate management members. Conclusions. We have decided to use a coordination of interests’ matrix that will balance the interests of participants in corporate governance. The matrix considered the interests of stakeholders that are common for priority groups of stakeholders to enable the development of the organization.

  • Issue Year: 2015
  • Issue No: 9-10
  • Page Range: 52-55
  • Page Count: 4
  • Language: Ukrainian