Problems of assessment of efficiency of managing corporate rights in joint stock companies

• Main Authors: Kurinnyy Oleksandr V., Voloshko Nataliya O.
• Format: Article
• Language: English
• Published: PH "INZHEK" 2013-03-01
• Series: Problemi Ekonomiki
• Subjects: joint stock company; corporate rights; corporate development; corporate management; balanced scorecard
• Online Access: http://www.problecon.com/pdf/2013/3_0/208_213.pdf

The goal of the article lies in identification of specific features of formation, implementation and practical use of the balanced scorecard of efficiency of managing corporate rights in domestic joint stock companies. Complexity of formation of the balanced scorecard of efficiency of managing property of shareholders is due to a necessity of ensuring deliberateness of the combination of financial and non-financial indicators for formalisation of managerial goals, establishment of a connection between financial parameters and operation indicators of enterprise activity and also attempt to determine the whole cost of an enterprise, which would be adequate to the market value of its assets. Taking into account the above, the article defines efficiency of managing shares of the joint stock as the degree of correlation between the goal, regulatory set functions, managerial actions and results of execution of managerial duties by managers. Prospect of further studies in this direction is development of methodical basis of formation and functioning of the balanced scorecard of efficiency of the use of shares of corporate rights in a joint stock company.