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Substantiation of Economic Management of a Company from the Point of View of the Theory of the Firm

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  • Ligonenko Larysa A.

    ()
    (Kyiv National University of Trade and Economy)

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    Abstract

    The article considers evolution of the theory of the firm with respect to identification of the general goal, purpose, necessity and possibility of company management. It affirms a necessity and identifies basic parameters (role, goal, function) of economic management of a company, under which it is offered to understand integrating and co-ordinating type of management. Its main goal is harmonisation of managerial goals (identified in individual types of special management) and their subordination to the common goal of company existence - ensuring long-term stable functioning (viability) and maximisation (growth) of value for all groups of stakeholders.

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    File URL: http://www.business-inform.net/pdf/2013/5_0/227_231.pdf
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    Bibliographic Info

    Article provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.

    Volume (Year): (2013)
    Issue (Month): 5 ()
    Pages: 227_231

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    Handle: RePEc:idp:bizinf:y:2013:i:5:p:227_231

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    Web page: http://www.business-inform.net

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    Keywords: theory of the firm; institutional approach; stakeholders; socially oriented company; economic management of a company;

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