PARTICULARITIES OF CORPORATE GOVERNANCE MODEL FORMATION IN UKRAINE
Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 31)Publication Date: 2019-11-30
Authors : Lytvynenko Elena; Popov Vitaliy;
Page : 18-24
Keywords : corporate governance; corporate governance principles; problems of corporate governance; corporate governance model;
Abstract
One of the most effective forms of domestic enterprises management is the corporate governance system, which ensures the implementation of the long-term sustainable development model. Therefore, the article focuses on the topical issues of forming the corporate governance model in Ukraine. Specifics of corporate governance in the country, current state and basic elements peculiarities of Ukrainian corporate governance model are considered in the article. The main elements of the corporate model are analyzed and systematized. The world experience of formation of corporate governance systems is considered. The paper examines and analyzes the problems and perspectives of corporate governance improvement at the national level. Among certain problems of corporate governance attention is focused on: peculiarities of the process of forming the ownership structure of societies in Ukraine, which led to the formation closed for foreign capital investors domestic enterprises; the problem of interaction between the state and corporations; the imperfection of the legal framework on corporate governance and underdeveloped stock market, absence of the developed corporate culture at the enterprises, misunderstandings in relations between shareholders (owners) and managers and importance of introducing corporate governance principles to domestic jointstock companies. The article is made the systematization of corporate governance models, which differ by ownership structure, legislative base, list of main participants, forms and methods of financing, disclosure requirements of the company's activities and other elements. It is the comparison of these basic corporate governance elements of both in Ukraine and in other countries it is the comparison of these basic corporate governance elements of both in Ukraine and in other countries, allowed explore them in more detail and reasonably approach the main particularities of corporate governance model in Ukraine.
Other Latest Articles
- ECONOMIC IMPORTANCE OF RURAL GREEN TOURISM IN THE CONTEXT OF RURAL TERRITORIES DEVELOPMENT IN UKRAINE
- Reliability of Transformers for Base Stations in Mobile Communications Systems
- Drones and AR in the Real Estate Market
- Drones and Iot in Support of Precision Agriculture
- Integration Model Knowledge Management and Industry 4.0 in the Organizations
Last modified: 2021-03-18 21:26:44