Praxeological Components of Biotech Companies’ Corporate Control Systems Integrated Assessment
Kostyantyn Serdukov1, Angelika Krutova2, Oksana Nesterenko3
1Kostyantyn Serdukov, Doctor of Economic Sciences, Professor, Kharkiv Institute of Finance Kyiv National University of Trade and Economics Pletnevsky Prov, Kharkiv Ukraine.
2Angelika Krutova, Doctor of Economic Sciences, Professor, Kharkiv State University of Food Technology and Trade, Klochkivska Av., Kharkiv Ukraine.
3Oksana Nesterenko, Doctor of Economic Sciences, Professor, Kharkiv State University of Food Technology and Trade, Klochkivska Av, Kharkiv Ukraine.
Manuscript received on 26 November 2019 | Revised Manuscript received on 10 December 2019 | Manuscript Published on 19 December 2019 | PP: 28-33 | Volume-8 Issue-4S November 2019 | Retrieval Number: D10171184S19/2019©BEIESP | DOI: 10.35940/ijrte.D1017.1184S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This study is aimed at development of the theoretical foundations corporate control systems modeling for biotech companies.Methods. The article uses the data about specialties of Ukrainian partnerships in biotech industry corporate control distribution. These data are processed by analytical alignment. Achievement of the objectives is carried out with help of general and special research methods, namely: dialectical approach, analysis and synthesis, systematization and generalization Results. It is proved that the biotechnology market is the most dynamically growing segment of the “new economy” that requires special attention from the mechanism of corporate control implementation and distribution. Research presents the mechanism of leveling corporate conflicts situations, distributed according with the levels of the partnership’s architectural model. The appropriateness of expanding the corporate control mechanism motivational component by means of reflexive management tools has been developed. The scheme of integrating reflexive management tools into the component of information provision of the mechanism of corporate control is determined. Conclusions. The material presented in the article has a practical significance because, according to the results of the study proposed mechanism allows to direct reflexive influence on formation among stakeholders a proper vision of corporate control system architecture and content of its elements.
Keywords: Corporate Control, Corporate Relations, Corporate Rights Packages, Corporate Security, Partnership, Strategic Management.
Scope of the Article: Bio-Science