Науковий вісник Мукачівського державного університету. Серія Економіка (Jun 2020)

Corporate Law and Corporate Culture as Means of Influencing the Efficiency of Corporations

  • Oksana Korolovych,
  • Maryna Resler,
  • Vasyl Pihosh

DOI
https://doi.org/10.31339/2313-8114-2020-1(13)-97-103
Journal volume & issue
Vol. 7, no. 1
pp. 97 – 103

Abstract

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Corporate law and corporate culture are a set of means of multidirectional influence on the efficiency of corporate legal entities, they regulate relations that may arise during the creation, performance, and termination of economic activities, determine the means, forms, and structure of the organisation of activities. The purpose of the study is to determine the features and basic principles under which corporate law and corporate culture develop patterns that facilitate achieving the goals and optimising certain processes in the activities of corporate legal entities. The research methodology is based on the methods of logical analysis, critical analysis of scientific literature, and practical experience. The results of the study allowed considering corporate culture and corporate law as specific means of modelling personnel behaviour or managing it. These tools pose scientific originality and allow achieving such an image of personnel interaction that is acceptable for the efficiency of corporate legal entities. The basic result that poses originality is the structuring of corporate culture and corporate law, implemented in the context of: a model framework that defines the features and basic principles of influencing personnel behaviour; patterns of behaviour in the organisation that determine the internal environment, where each employee invests strength in a common goal (efficiency of the enterprise). The study of the model basis of corporate culture and corporate law, patterns of behaviour in the organisation allowed identifying the basic principles which positively affect the efficiency of corporate legal entities. The highlighted principles of corporate culture and corporate law positively impact the efficiency of corporate legal entities if clan or adhocratic types of corporate culture are developed. The practical value of the study is to identify elements for software development that will help corporate legal entities involve employees in work processes, create and strengthen corporate culture

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