BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

Efficiency of Corporate Governance in the Context of Evaluation of Business Processes of Enterprise
Рopelo O. V., Ivanova N. V., Dubyna M. V.

Рopelo, Olha V., Ivanova, Nataliia V., and Dubyna, Maksym V. (2023) “Efficiency of Corporate Governance in the Context of Evaluation of Business Processes of Enterprise.” Business Inform 7:164–175.
https://doi.org/10.32983/2222-4459-2023-7-164-175

Section: Management and Marketing

Article is written in Ukrainian
Downloads/views: 2

Download article (pdf) -

UDC 658.31

Abstract:
In the article, the authors substantiate the essence, approaches to evaluation and further improvement of business processes within the framework of corporate governance. A theoretical distinction has been made between the definitions of «corporate governance» and «corporate management», which are interrelated concepts, but they have different levels, orientation, and scope of application. Corporate governance establishes a common framework and strategy, while corporate management deals with specific governance functions and operational management. Corporate management focuses on managing resources, completing tasks and achieving the internal effective functioning of an organization. The article discloses, on the basis of the process approach, essence of business processes which are considered by the authors as the main units of governance of corporation activity, covering various functions, processes and tasks necessary for creating a product or providing a service, maintaining production, sales, customer service. Particular attention is paid to evaluating the efficiency of corporate governance business processes, allowing to determine how efficiently and productively they are implemented and identifying possible areas for improvement of this sphere. The authors detail the components of the mechanism for evaluating the efficiency of business processes: stages, indicators, evaluations, methods, and results of improvement. The sequence of stages is proposed as follows: definition of business processes to be evaluated; collection of data on business processes; analysis of the obtained data; identification of opportunities for improving business processes; implementation of measures as to improving business processes. The authors have proposed groups of indicators for evaluation, have identified prospects for improving business processes, these include: increasing the efficiency and productivity of business processes; improving the quality of products and services; cost reduction of all kinds; improving customer service; increasing competitiveness and reducing risks.

Keywords: corporate governance, corporate management, business processes of enterprise, evaluation of efficiency of business processes, corporate business.

Fig.: 7. Bibl.: 14.

Рopelo Olha V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Management and Administration, National University «Chernihiv Polytechnic» (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]
Ivanova Nataliia V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Entrepreneurship and Trade, National University «Chernihiv Polytechnic» (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]
Dubyna Maksym V. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Finance, Banking and Insurance, National University «Chernihiv Polytechnic» (95 Shevchenka Str., Chernihiv, 14027, Ukraine)
Email: [email protected]

List of references in article

Bokovets, V. V. “Efektyvnist korporatyvnoho upravlinnia na pidpryiemstvakh“ [Effectiveness of Corporate Management at Enterprises]. Hlobalni ta natsionalni problemy ekonomiky. 2015. http://global-national.in.ua/archive/8-2015/68.pdf
Bondar, Yu. A., and Lehinkova, N. I. “Osnovni aspekty korporatyvnoho upravlinnia pidpryiemstvom“ [Main Aspects of Corporate Governance of the Enterprise]. Intelekt XXI. 2018. http://www.intellect21.nuft.org.ua/journal/2018/2018_4/7.pdf
Bocharova, N. A. “Osoblyvosti stanovlennia systemy korporatyvnoho menedzhmentu v Ukraini“ [Features of Formation of Corporate Management System in Ukraine]. Ekonomika transportnoho kompleksu, no. 38 (2021): 18-32. DOI: https://doi.org/10.30977/ETK.2225-2304.2021.38.18
Bocharova, N. A. “Rozmezhuvannia poniat «korporatyvne upravlinnia» ta «korporatyvnyi menedzhment»“ [Distinction between the Concepts of Corporate Governance and Corporate Management]. Ekonomika transportnoho kompleksu, no. 37 (2021): 21-35. DOI: https://doi.org/10.30977/ETK.2225-2304.2021.37.21
Vasenko, V. K. “Pryntsypy menedzhmentu ta yikh vplyv na formuvannia poniatiinoho aparatu“ [Principles of Management and Their Influence on the Formation of the Conceptual Apparatus]. Vcheni zapysky Universytetu «KROK», no. 1 (2019): 97-104. DOI: https://doi.org/10.31732/2663-2209-2019-53-97-104
Veresklia, M. R., and Tsyhankov, O. O. “Korporatyvne upravlinnia v systemi upravlinnia pidpryiemstvom“ [Corporate Management in the Enterprise Management System]. Menedzhment i bezpeka v umovakh viiny: teoretychni ta prykladni aspekty. Lviv: LvDUVS, 2022. 151-153.
Horova, K. O. “Otsinka efektyvnosti korporatyvnoho upravlinnia na pidpryiemstvi“ [Evaluation of the Effectiveness of Corporate Management at the Enterprise]. Problemy i perspektyvy rozvytku pidpryiemnytstva. 2013. https://dspace.khadi.kharkov.ua/dspace/bitstream/123456789/6186/3/piprp_2013_2_10.pdf
“Doslidzhennia stanu biznesu v Ukraini. Berezen-kviten 2023“ [Study of the State of Business in Ukraine. March-April 2023]. https://business.diia.gov.ua/uploads/6/30910-doslidzenna_stanu_ta_potreb_biznesu_za_rik_povnomasstabnoi_vijni.pdf
Boitsun, O., Yablonovskyi, D., and Lysenko, O. “Indeks korporatyvnoho upravlinnia“ [Index of Corporate Governance]. KSE. February 21, 2020. https://kse.ua/ua/prezentatsiya-indeksu-korporativnogo-upravlinnya-top-15-derzhkompaniy-pres-reliz-pislya-konferentsiyi/
Mykytiuk, O. P., and Bilovus, O. S. “Reitynhove otsiniuvannia rivnia korporatyvnoho upravlinnia pidpryiemstv farmatsevtychnoi haluzi“ [Rating Assessment of Corporate Governance in the Pharmaceutical Industry]. Modern Economics, no. 14 (2019): 153-160. DOI: https://doi.org/10.31521/modecon.V14(2019)-25
Khilukha, O. A. “Pryntsypy kompetentno-oriientovanoho korporatyvnoho upravlinnia“ [Principles of the Competently-Oriented Corporate Governance]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia «Mizhnarodni ekonomichni vidnosyny ta svitove hospodarstvo». 2018. https://dspace.uzhnu.edu.ua/jspui/bitstream/lib/23883/1/принципи%20компетентно-орієнтованого%20корпоративного%20управління.pdf
Khilukha, O. A. “Sutnisni kharakterystyky korporatyvnoho upravlinnia“ [Essential Characteristics of Corporate Governance]. Visnyk Volynskoho instytutu ekonomiky ta menedzhmentu. 2015. https://evnuir.vnu.edu.ua/bitstream/123456789/5104/1/Khilukha_O.pdf
Yurchyshena, L. V. “Pryntsypy korporatyvnoho upravlinnia: mizhnarodnyi dosvid ta vprovadzhennia v universytetakh“ [Principles of Corporate Governance: International Experience and Implementation in University]. Efektyvna ekonomika, no. 8 (2020). DOI: 10.32702/2307-2105-2020.8.53
Popelo, O. et al. “An innovative approach to determine the sustainable development of regions by harmonization of the economic, social and environmental components“. Journal of Management Information and Decision Sciences. 2021. https://www.abacademies.org/articles/an-innovative-approach-to-determine-the-sustainable-development-of-regions-by-harmonization-of-the-economic-social-and-environment-11964.html

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster