Details

Autor(en) / Beteiligte

• Rosso, M. V.
• Osetskiy, V. L.
• Кanishchenko, O. L.

Titel

Analyzing the Introduction of Corporate Management in the Global Economic Space

Ist Teil von

• Bìznes ìnform (Multilingual ed.), 2019-03, Vol.3 (494), p.51-62

Ort / Verlag

Research Centre of Industrial Problems of Development of NAS of Ukraine

Erscheinungsjahr

2019

Quelle

EZB Electronic Journals Library

Beschreibungen/Notizen

• The article is aimed at researching the impact of efficient corporate management on economic development. Strategic analysis and evaluation of the introduction of corporate management in the global economic space are carried out by identifying empirical relationships between quality of corporate management and development in the unbalanced working group up to 185 countries for the period from 2010 to 2015. The research has proved that corporate management is a positive factor in the inflow of foreign direct investment and market capitalization, as well as a negative determinant of employment in the State sector of the low-income countries. It is identified that corporate management is negatively correlated with corruption in the high-income countries. The one-directional causality from corporate management to economic development, i. e. causal influence of economic development on corporate management is not confirmed. It is substantiated that in order to accelerate economic development of developing economies, politicians should pay attention, first of all, to the institutional development of countries, including the introduction of best practices of corporate management.