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

Corporate Management in the Hotel and Restaurant Industry: Organization, Standardization, Financialization
Dotsenko V. F., Kosova T. D., Yaroshevska O. V.

Dotsenko, Viktor F., Kosova, Tetiana D., and Yaroshevska, Oksana V. (2020) “Corporate Management in the Hotel and Restaurant Industry: Organization, Standardization, Financialization.” Business Inform 6:181–189.
https://doi.org/10.32983/2222-4459-2020-6-181-189

Section: Economics of Trade and Services

Article is written in Ukrainian
Downloads/views: 5

Download article (pdf) -

UDC 338.48+ 658.012.4

Abstract:
The article is aimed at identifying the differential features of the hotel and restaurant enterprises, which should be taken into account when organizing and choosing corporate management instruments, as well as substantiating its conceptual foundations upon this basis. The article defines tendencies in the status of the corporate environment in the hotel and restaurant industry during 2010-2018: loss of corporate potential, especially in parts of large and medium-sized companies; small enterprises are more competitive than micro-enterprises; isolated cases of doing big business; large concentration of enterprises in the restaurant industry compared to the hotel industry; more developed segment of medium-sized enterprises in the hotel industry. The principles of corporate management, which should be introduced in the hotel and restaurant industry, are summarized, based on the synthesis of such approaches: stakeholder, value-and-cost-oriented, standardization, financialization. The conceptual foundations of corporate management in the hotel and restaurant industry are justified as follows: use of a system of balanced indicators; development own corporate management codes based on international standards; formation and disclosure of the integrated reporting as part of financial statements and social responsibility reports. It is shown that ensuring transparency of corporate management will help to strengthen the competitiveness of enterprises in the market of hotel and restaurant services, increase their investment attractiveness.

Keywords: corporate management, hotel and restaurant industry, organization, standardization, financialization.

Tabl.: 3. Bibl.: 20.

Dotsenko Viktor F. – Doctor of Sciences (Engineering), Professor, Head of the Department, Department of Hotel and Restaurant Business, National University of Food Technologies (68 Volodymyrska Str., Kyiv, 01033, Ukraine)
Email: [email protected]
Kosova Tetiana D. – Doctor of Sciences (Economics), Professor, Senior Research Fellow, Department of Problems of Perspective Development of the Fuel and Energy Complex, Institute of Industrial Economics of NAS of Ukraine (2 Mariia Kapnist Str., Kyiv, 03057, Ukraine)
Email: [email protected]
Yaroshevska Oksana V. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Economics, Classic Private University (70B Zhukovskoho Str., Zaporіzhzhia, 69002, Ukraine)
Email: [email protected]

List of references in article

Batchenko, L. V., and Honchar, L. O. “Osoblyvosti formuvannia adaptyvnoi metodolohichnoi modeli upravlinnia zminamy u sferi hotelno-restorannoho biznesu“ [Features of Formation of Adaptive Strategic Alternatives of Management of Changes in the Field of Hotel Restaurant Business]. Visnyk Odeskoho natsionalnoho universytetu. Seriia «Ekonomika», vol. 23, no. 7 (2018): 33-38.
Boiko, M. H., Okhrimenko, A. H., and Rasulova, A. M. “Kontseptualni osnovy rozvytku korporatsii u turystychnomu ta hotelno-restorannomu biznesi“ [Conceptual Aspects of Corporations Development in Tourism and Hotel-and-Catering Industry]. Naukovyi visnyk Khersonskoho derzhavnoho universytetu. Seriia «Ekonomichni nauky», vol. 2, no. 13 (2015): 35-39.
Bokovets, V. V. “Rozvytok korporatyvnoi kultury hotelno-restorannoho biznesu v Ukraini“ [Development of Corporate Culture of Hotel and Restaurant Business in Ukraine]. Visnyk Odeskoho natsionalnoho universytetu. Seriia «Ekonomika». 2015. http://visnyk-onu.od.ua/journal/2015_20_5/21.pdf
Hakova, M. V. “Korporatyvna kultura yak instrument upravlinnia povedinkoiu personalu pidpryiemstv hotelno-restorannoho hospodarstva“ [Corporate Culture as an Instrument of Behaviour Management Personnel of the Enterprises of Hotel and Restaurant Business]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia «Mizhnarodni ekonomichni vidnosyny ta svitove hospodarstvo». 2015. http://elibrary.donnuet.edu.ua/941/1/Gakova_2_Korporatyvna_kultura.pdf.pdf
Humeniuk, V. V., Kis, S. Ya., and Hrechanyk, B. V. “Hotelno-restoranna sprava v systemi koordynat tsinnisno-oriientovanoho upravlinnia“ [Hotel and Restaurant Business in the Coordinate System of the Value Based Management]. Finansovyi prostir, no. 4 (2018): 109-116.
Davydova, O. Yu. “Formuvannia systemy innovatsiinoho upravlinnia rozvytkom pidpryiemstv hotelno-restorannoho hospodarstva“ [The Formation of the System of Innovation Management of Development of Enterprises of Hotel-Restaurant Industry]. Biznes Inform. 2017. https://www.business-inform.net/export_pdf/business-inform-2017-11_0-pages-459_464.pdf
Datsii, N. V. “Rol mizhnarodnykh standartiv u protsesi rozvytku ta optymizatsii instytutu korporatyvnoho upravlinnia“ [The Role of International Standards in the Development and Optimization of the Institution of Corporate Governance]. Visnyk Akademii mytnoi sluzhby Ukrainy. Seriia «Derzhavne upravlinnia», no. 1 (2011): 25-31.
Drozhzhyn, O., and Smentyna, N. “Tsilyovi oriientyry pidpryiemstv hotelno-restorannoho biznesu v konteksti upravlinnia vartistiu“ [Targets of the Hotel and Restaurant Business Enterprises in the Context of Cost Management]. Naukovyi visnyk Odeskoho natsionalnoho ekonomichnoho universytetu. Seriia «Ekonomika». 2019. http://n-visnik.oneu.edu.ua/collections/2019/264/pdf/36-48.pdf
“Kilkist subiektiv velykoho, serednyoho, maloho ta mikropidpryiemnytstva za vydamy ekonomichnoi diialnosti (2010-2018 rr.)“ [Number of Large, Medium, Small and Micro Enterprises by Types of Economic Activity (2010-2018)]. Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua/operativ/operativ2018/fin/pssg/pssg_u/ksg_vsmm_ek_2010_2018_u.xlsx
Kornieiev, M. V. “Finansializatsiia i konverhentni protsesy v realnomu ta finansovomu sektorakh ekonomiky“ [Financialization and Convergent Processes in the Real and Financial Sectors of the Economy]. Rehionalna biznes-ekonomika ta upravlinnia, no. 1 (2014): 73-80.
Lehenchuk, S. F., Polishchuk, I. R., and Brokhun, N. S. “Mekhanizm rozkryttia finansovykh ta nefinansovykh pokaznykiv v intehrovanii zvitnosti: perspektyvy rozvytku“ [Mechanism Disclosure of Financial and Non-Financial Indicators in Integrated Reports: Prospects for Development]. Derzhava ta rehiony. Seriia «Ekonomika ta pidpryiemnytstvo», no. 4 (2019): 184-188. DOI: https://doi.org/10.32840/1814-1161/2019-4-32
Lipych, L. H., Khilukha, O. A., and Mialkovska, V. M. “Formuvannia semantychnoi systemy kompetentnostei menedzheriv korporatyvnoho upravlinnia“ [Semantic System of Competence for Managers in the Corporate Governance]. Innovatsiina ekonomika. 2016. http://esnuir.eenu.edu.ua/bitstream/123456789/12870/1/525.pdf
Manov, M., and Tkachenko, T. “Orhanizatsiino-pravovi formy pidpryiemnytstva v hoteliakh: arhumenty shchodo vyboru“ [Organization and Legal Forms of Entrepreneurship in Hotels: The Arguments About the Choice]. Restorannyi i hotelnyi konsaltynh. Innovatsii, vol. 2, no. 2 (2019): 262-271. DOI: https://doi.org/10.31866/2616-7468.2.2.2019.188210
Polotai, B. Ya. “Rozvytok korporatyvnoi kultury v industrii hostynnosti“ [Development of Corporate Culture in the Hospitality Industry]. Pidpryiemnytstvo i torhivlia. 2016. https://tourlib.net/statti_ukr/polotaj2.htm
Polyova, L. V. “Vplyv korporatyvnoi kultury na rezultatyvnist v hotelno-restorannii industrii“ [Influence of Corporate Culture on Productivity in Hospitality Industry]. Karpatskyi krai, no. 1 (2017): 121-127.
Prodanchuk, M. A. “Nefinansova zvitnist - efektyvnyi instrument v realizatsii upravlinskykh rishen“ [Non-financial Reporting is an Effective Tool in the Implementation of Management Decisions]. Zbirnyk naukovykh prats Tavriiskoho derzhavnoho ahrotekhnolohichnoho universytetu. Seriia «Ekonomichni nauky», vol. 2, no. 2 (2013): 202-214.
Semykina, M. V., Pasieka, S. R., and Buhaieva, M. V. “Rozvytok pidpryiemstv hotelno-restorannoho i turystychnoho biznesu v konteksti formuvannia prohresyvnoi korporatyvnoi kultury“ [Development of Enterprises of Hotel-Restaurant and Tourist Business in the Context of the Formation of Modern Corporate Culture]. Naukovi pratsi Kirovohradskoho natsionalnoho tekhnichnoho universytetu. Seriia «Ekonomichni nauky», no. 33 (2018): 199-211. DOI: 10.32515/2413-340X.2018.33.199-211
Senenko, I. A. “Suchasni pidkhody do orhanizatsii upravlinnia hotelno-restorannym biznesom“ [Modern Approaches to Organization Management of Hotel and Restaurant Business]. Ekonomichnyi prostir, no. 100 (2015): 171-180.
Uhodnikova, O. I. “Steikkholderno-oriientovana model stratehichnoho upravlinnia pidpryiemstvamy haluzi turyzmu ta hotelno-restorannoho hospodarstva“ [The Stakeholder's Model of Strategic Management of Enterprises of Tourism and Hospitality Business]. Komunalne hospodarstvo mist. Seriia «Ekonomichni nauky». 2018. https://eprints.kname.edu.ua/49850/1/5166-10258-1-SM.pdf
Shubchik, O. A. “Vykorystannia zbalansovanoi systemy pokaznykiv u korporatyvnomu upravlinni restorannymy merezhamy“ [Use of a Balanced System of Indicators in Corporate Management of Restaurant Chains]. Naukovyi visnyk Poltavskoho universytetu ekonomiky i torhivli. Seriia «Ekonomichni nauky», no. 1 (2013): 201-205.

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