BUSINESS INFORM №5-2017

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Section: Economic and Mathematical Modeling
UDC 334.72
Otenko P. V.
The Cognitive Approach to Formation of an Efficient Corporate Management System (p. 96 - 102)
The article clarifies the concept of «strategic decision in corporate governance» and systematizes types of strategic decisions by means of allocating attributes, corresponding to the organizational and instrumental aspects of their adoption, as well as the goal determination of enterprise. The article forms the theoretical basis for studying the strategic decision-making in the corporate management – the basic provisions of the institutional, cognitive, rational, competence, and resource approaches. The parameters of quality of corporate management are: compliance with principles, norms, rules; balancing the interests of key groups involved in corporate relations, action of mechanisms for the information transparency and the control over strategic decision-making. The cognitive approach to the modeling of corporate conditions for strategic decision-making, support for their effective implementation, and possible situations where the balance of interests is violated, has been presented.
Keywords: corporate management, strategic decision, provisions, regulations, cognitive approach, model, concepts.
Fig.: 1. Tabl.: 3. Formulae: 6. Bibl.: 9.

Otenko Pavlo V. – PhD, Lecturer, Department of International Relations and Political Philosophy of the Educational and Scientific Institute of International Relations, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Otenko, Pavlo V. (2017) “The Cognitive Approach to Formation of an Efficient Corporate Management System.” Business Inform 5:96–102.

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