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The Impact of Corporate Management on the Effectiveness of the Company

https://doi.org/10.12737/22793

Abstract

Nowadays international examples show us that corporate management plays an important role in development of companies and international integration attracts useful and effective standards of corporate management other countries. In this article the main idea deals with influence of corporate management for efficiency of organization in all. There are few types of indicators that can assess the significance of corporate governance rating for the efficient functioning of the company, the rating, which is able to reflect all of the advantages and disadvantages of the company to stakeholders. However, those indicators don’t give us accurate results, because there are a lot of reasons which should be pointed. That’s why authors offer to use a model called “Balanced Scorecard”.

About the Authors

H. P. Karchilava
Financial University at the Government of the Russian Federation
Russian Federation
Candidate of Economic Sciences, Associate Professor


A. Yu. Bottaev
FSBEI HE State University of Management
Russian Federation
Postgraduate Student, “Corporate Governance” Department


References

1. Boboshko D.Yu. Opredelenie tsennosti dlya aktsionerov nepublichnyih kompaniy v kontseptsii tsennostnoorientirovannogo menedzhmenta [The definition of value for shareholders of non-public companies in the concept of value-based management]. Sovremennyie issledovaniya sotsialnyih problem [Modern research of social problems]. 2012, I. 8(16), 2012, pp. 21-33.

2. Dementeva A.G. Reytingi korporativnogo upravleniya - orientir dlya prinyatiya investitsionnyih resheniy [Ratings of corporate governance - a guide to making investment decisions]. Grani ekonomiki [Verge of the economy]. 2009, I. 3, p. 19.

3. Patrusheva E.G. Obzor teoreticheskih kontseptsiy strategicheskogo upravleniya na osnove rosta stoimosti kompanii [Review of theoretical concepts of strategic management based on the growth of the company’s value]. Finansovyiy menedzhment [Financial management]. 2008, I. 1, pp. 144- 154.

4. Seleznyov V.A., Orehov S.A., Tihomirova N.V. Korporativnyiy menedzhment [Corporate management]. Moscow, Dashkov i K Publ., 2012. 440 p.


Review

For citations:


Karchilava H.P., Bottaev A.Yu. The Impact of Corporate Management on the Effectiveness of the Company. UPRAVLENIE / MANAGEMENT (Russia). 2016;(4):82-85. (In Russ.) https://doi.org/10.12737/22793

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ISSN 2309-3633 (Print)
ISSN 2713-1645 (Online)