ОСНОВНІ МОДЕЛІ КОРПОРАТИВНОГО УПРАВЛІННЯ В БАНКІВСЬКИХ УСТАНОВАХ

Andriy Push; Iryna Mihus; Nataliia Nakonechna

doi:10.31732/2663-2209-2024-74-204-216

Authors

Andriy Push "KROK" University https://orcid.org/0009-0005-5878-5044
Iryna Mihus KROK University https://orcid.org/0000-0001-6939-9097
Nataliia Nakonechna "KROK" University https://orcid.org/0000-0001-6236-9549

DOI:

https://doi.org/10.31732/2663-2209-2024-74-204-216

Keywords:

corporate management, banking institution, goals of corporate governance, principles of corporate governance, functions of corporate management, subjects of corporate governance

Abstract

The article examines various theoretical models of corporate governance, such as the Anglo-Saxon, continental European and Japanese models, applied in the banking sector. Focusing on the unique challenges and demands associated with bank governance, the paper analyzes the influence of cultural, regulatory and economic factors on the structure and implementation of corporate governance. The purpose of the article is to study the theoretical foundations of corporate governance in banking institutions, providing a comprehensive analysis of its definitions, principles and functions. In the process of research, general scientific methods of analysis and synthesis, comparative analysis, systematization and generalization were used. The main goals of corporate management were systematized by key areas (financial; operational; strategic; human resources goals; customer goals; ethical and social goals; technological). Particular attention is paid to the role of the regulatory framework, such as Basel III and the Dodd-Frank Act, in the formation of modern corporate governance practices. In order to understand corporate governance in banking institutions, legal and non-legal principles were investigated and it was established that their integration creates a reliable and comprehensive management structure. The main functions of corporate management are systematized by key areas that cover broad responsibility for effective management of the corporation (strategic planning; organization; leadership; control; human resources; communication; innovation and development; risk management). The article also examines the role of various stakeholders and their impact on the effectiveness of governance in banking institutions, providing a comprehensive analysis of the importance of effective governance in maintaining financial stability and confidence in the banking system. The main participants of corporate governance in banking institutions were classified according to their functions in the process, degree of influence and level of their participation.

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Author Biographies

Andriy Push, "KROK" University

Ph.D. student of the Department of Management Technologies, "KROK" University,

Iryna Mihus, KROK University

Doctor of science (Economics), Professor, Professor of the department of financial and economic security management department, "KROK" University, Ukraine

Nataliia Nakonechna, "KROK" University

Ph.D. (Psychology), Associate Professor, Associate Professor of the Psychology Department, "KROK" University, Kyiv

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