Heteromation as a Form of Capital Concentration in the New Economic Reality

Sorokin, Dmitry

doi:10.47475/1994-2796-2020-11120

Cited by 1 publication

(1 citation statement)

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“…Corporate governance means managing a business's organisational and legal structure, forming internal and external relations of the company and optimising its structure [4]. In the studies of Sorokin D.A., Corporate governance is defined as management entirely focused on realising the interests of shareholders through their goals in the company and depends on their interaction in implementing the financial strategy [5].…”

Section: Methodsmentioning

confidence: 99%

Improving corporative management in state companies: Prospects, distribution of power and collegial decision

Shukeyev,

Niyazov,

Kurmankulova

et al. 2023

E3S Web Conf.

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This article presents a methodology for assessing corporate governance belonging to the quasi-public sector organisations. The article discusses the main prerequisites based on which a new methodology for assessing this type of corporate governance is developed and applied. The object of the study is the National Welfare Fund “Samruk-Kazyna". The analysis of corporate governance is considered from the perspective of an economic approach, within which three essential aspects are highlighted: structure, process and transparency. The work also presents a scale for assessing corporate governance, which allows performing a quantitative assessment of the effectiveness of the management system within the organisation. The study presents the results of applying this method, which demonstrate that most companies in the quasi-public sector have already reached a certain level of development in corporate governance, which became the reason for the search for a new approach to assessing this system. The authors emphasise the importance of defining criteria for improving the effectiveness of corporate governance and identifying the strengths and weaknesses of this system. In this context, corporate governance assessment is based on professional assessments and expert opinions and not simply on the presence of specific business processes. Moreover, this assessment must be agreed with the principles and requirements established by the Corporate Governance Code.

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Section: Methodsmentioning

confidence: 99%