Substantiation of Economic Management of a Company from the Point of View of the Theory of the Firm
AbstractThe 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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Bibliographic InfoArticle 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 ()
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Web page: http://www.business-inform.net
theory of the firm; institutional approach; stakeholders; socially oriented company; economic management of a company;
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