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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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2021-02-01
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| 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. |
| format | Article |
| id | doaj-art-55b26aa09d2b45c2be51e7e5c28f764c |
| institution | DOAJ |
| issn | 2413-2829 2587-9251 |
| 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 |