PRIORITIES OF DEVELOPMENT OF THE EFFECTIVE SYSTEM OF CRISIS CORPORATE GOVERNANCE

Abstract

The category of crisis corporate governance is studied along with the specific features of system of crisis corporate governance. The study elucidates priority areas of development of the effective system of crisis corporate governance, including proper people management system, reforming of the governance body system and optimization of financial capital structure of the company. The paper highlights the major features of people management system as a past of system of crisis corporate governance. The study elucidates the reform of governance body of companies. Based on the research of the main problems of corporate governance, we propose to eliminate the Audit Committee as the governance entity and control body of corporate governance and create instead the Crisis Board. The main ways of achieving an efficient capital structure of the company are determined along with the basic features of an effective capital structure of the company.

Authors and Affiliations

Yevheniya Zhorova

Keywords

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  • EP ID EP414563
  • DOI 10.17721/1728-2667.2014/158-5/12
  • Views 48
  • Downloads 0

How To Cite

Yevheniya Zhorova (2014). PRIORITIES OF DEVELOPMENT OF THE EFFECTIVE SYSTEM OF CRISIS CORPORATE GOVERNANCE. Вісник Київського національного університету імені Тараса Шевченка. Економіка., 5(158), 59-63. https://europub.co.uk/articles/-A-414563