Corporate management in the economic sphere under martial law: a response to the challenges of the times

Olena Hurman; Dmytro Kostenko; Nataliia Runcheva; Nadiia Bocharova; Olha Khytrova

doi:10.34069/AI/2023.65.05.23

Olena Hurman Khmelnytsky Cooperative Trade and Economy Institute, Ukraine. https://orcid.org/0000-0001-9415-2635
Dmytro Kostenko National Academy of Pedagogical Sciences of Ukraine, Ukraine. https://orcid.org/0000-0002-4030-2287
Nataliia Runcheva Bogdan Khmelnytskyi Melitopol State Pedagogical University, Ukraine. https://orcid.org/0000-0001-8645-9821
Nadiia Bocharova Kharkiv National Automobile and Highway University, Ukraine. https://orcid.org/0000-0003-4371-0187
Olha Khytrova Institute Kyiv National University of Trade and Economics, Ukraine. https://orcid.org/0000-0003-2253-4356

DOI: https://doi.org/10.34069/AI/2023.65.05.23

Keywords: strategy, owners, capital, joint stock company, management.

Abstract

The relevance of the research lies in the fact that at the current stage in Ukraine, a national concept of corporate governance is being formed, however, this process is complicated by political, social, and economic restrictions provided by the martial law introduced in our country. The purpose of the research is to study the structure, features, and characteristics of corporate management strategies. In accordance with the set goal, the task of the research is to analyze the main trends in the development of corporate management at the current stage, to highlight their features. When conducting the research, general and special methods of scientific knowledge were used. The result of the study is the argumentation of the position that corporate management is a separate type of relationship in a business company, the features of which are determined by the specifics of the corporation, and management is a narrower concept, since it is implemented exclusively by the company's management (the top management), and corporate management is carried out by all governing bodies companies (shareholders, board of directors, CEO, and management). Corporate governance is mainly strategic in nature and oriented towards the successful functioning of the business company in the external environment.

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Author Biographies

Olena Hurman, Khmelnytsky Cooperative Trade and Economy Institute, Ukraine.

Ph.D. in Pedagogy, Associate Professor of the Department of Marketing and Management, Khmelnytsky Cooperative Trade and Economy Institute, Ukraine.

Dmytro Kostenko, National Academy of Pedagogical Sciences of Ukraine, Ukraine.

Ph.D. in Pedagogy, Doctor of Philosophy in Public Administrat, Assistant of the Department of foreign languages of mathematical faculties Educational and Scientific Institute of Philology of Taras Shevchenko National University of Kyiv, assistant professor of the Language Training Department Institute of Public Administration and Scientific Research on Civil Defense, doctoral student Institute of Problems on Education National Academy of Pedagogical Sciences of Ukraine, Ukraine.

Nataliia Runcheva, Bogdan Khmelnytskyi Melitopol State Pedagogical University, Ukraine.

Doctor of Economics, Associate Professor Mathematics and Economics, Faculty of Information Technology, Bogdan Khmelnytskyi Melitopol State Pedagogical University, Ukraine.

Nadiia Bocharova, Kharkiv National Automobile and Highway University, Ukraine.

Candidate of Economic Sciences (PhD), Associate Professor Department of management, Faculty of Management and Business Kharkiv National Automobile and Highway University, Ukraine.

Olha Khytrova, Institute Kyiv National University of Trade and Economics, Ukraine.

Candidate of Economic Sciences, Associate Professor, Department of Management, International Economics and Tourism, Chernivtsi Trade and Economic Institute Kyiv National University of Trade and Economics, Ukraine.

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