Bifurcation of Corporate Management: Traditional and Innovation Logics

In conditions of the global management crisis caused by COVID-19 the issues dealing with management efficiency become especially topical. Integrated corporate structures embracing big banks and corporations make the basis both for economic and political force. Though the disintegration strategy is b...

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Main Author: X. V. Sadykova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2021-02-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/1016
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author X. V. Sadykova
author_facet X. V. Sadykova
author_sort X. V. Sadykova
collection DOAJ
description In conditions of the global management crisis caused by COVID-19 the issues dealing with management efficiency become especially topical. Integrated corporate structures embracing big banks and corporations make the basis both for economic and political force. Though the disintegration strategy is becoming more and more popular, multinational companies are not weakened and continue influencing governments of many countries of the world. Decisions made in these organizations can impact not only economy of a certain country, its ecology, social policy but often the future of states and regions. That is why corporate strategies, which should be relevant to present day realities, become so important. Today the majority of integrated corporate structures stick to traditional logics in corporate management realizing it within the frames of Freedman theory. The article compares and summarizes traditional and innovation theories of corporate management, shows their advantages and drawbacks, analyzes the experience of big global companies and provides legal substantiation of splitting responsibility inside corporations. An attempt was made to prove groundlessness of traditional logics of profit maximization in today’s world and to identify ways to shifting focus to the company development.
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institution DOAJ
issn 2413-2829
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language Russian
publishDate 2021-02-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-55b26aa09d2b45c2be51e7e5c28f764c2025-08-20T02:53:19ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512021-02-0118115415810.21686/2413-2829-2021-1-154-158802Bifurcation of Corporate Management: Traditional and Innovation LogicsX. V. Sadykova0Plekhanov Russian University of EconomicsIn conditions of the global management crisis caused by COVID-19 the issues dealing with management efficiency become especially topical. Integrated corporate structures embracing big banks and corporations make the basis both for economic and political force. Though the disintegration strategy is becoming more and more popular, multinational companies are not weakened and continue influencing governments of many countries of the world. Decisions made in these organizations can impact not only economy of a certain country, its ecology, social policy but often the future of states and regions. That is why corporate strategies, which should be relevant to present day realities, become so important. Today the majority of integrated corporate structures stick to traditional logics in corporate management realizing it within the frames of Freedman theory. The article compares and summarizes traditional and innovation theories of corporate management, shows their advantages and drawbacks, analyzes the experience of big global companies and provides legal substantiation of splitting responsibility inside corporations. An attempt was made to prove groundlessness of traditional logics of profit maximization in today’s world and to identify ways to shifting focus to the company development.https://vest.rea.ru/jour/article/view/1016ir-strategyagent theorycorporate strategystrategic management and developmentintegrated corporate structureboard of directorsfreedman theorystakeholder theorytheory of triple criterionphantom shares
spellingShingle X. V. Sadykova
Bifurcation of Corporate Management: Traditional and Innovation Logics
Вестник Российского экономического университета имени Г. В. Плеханова
ir-strategy
agent theory
corporate strategy
strategic management and development
integrated corporate structure
board of directors
freedman theory
stakeholder theory
theory of triple criterion
phantom shares
title Bifurcation of Corporate Management: Traditional and Innovation Logics
title_full Bifurcation of Corporate Management: Traditional and Innovation Logics
title_fullStr Bifurcation of Corporate Management: Traditional and Innovation Logics
title_full_unstemmed Bifurcation of Corporate Management: Traditional and Innovation Logics
title_short Bifurcation of Corporate Management: Traditional and Innovation Logics
title_sort bifurcation of corporate management traditional and innovation logics
topic ir-strategy
agent theory
corporate strategy
strategic management and development
integrated corporate structure
board of directors
freedman theory
stakeholder theory
theory of triple criterion
phantom shares
url https://vest.rea.ru/jour/article/view/1016
work_keys_str_mv AT xvsadykova bifurcationofcorporatemanagementtraditionalandinnovationlogics