Corporate behavior models of enterprises in a financial and industrial structure

Economy and management of the enterprise
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Abstract:

This article is about modeling the corporate behavior of a financial and industrial structure under the present social and economic conditions in our country. Analyzing the publications related to the international and Russian practices in the sphere of forming, functioning and developing industrial corporations one can make a conclusion that they represent one of the ways to integrate financial, industrial and trade capitals by means of a a complex participation system. On the basis of the undertaken analysis we have developed goal-setting concerning the congruence of interests in the enterprisesof vertically-integrated financial and industrial structures based on the suggested interest congruence principles and taking into account the specifics of the present economic conditions in Russia. We have researched the congruence of economic interests of enterprises in vertically integrated structures on the basis of two economic and mathematical models. The support model describes the coordination of the economic interests of each enterprise in a vertically integrated structure in particular with decentralized money distribution. The central one shows the congruence of the economic interests of enterprises in a vertically integrated structure with centralized money. These models form the generalized chart of modeling the corporate behavior of enterprises with a vertically integrated structure. Putting the suggested models into practice allows increasing the effectiveness of these financial and industrial structures due to the synergetic effect from forming interest congruence mechanisms based on optimizing the enterprises’ innovation plans in the corporate structure with decentralized and centralized money distribution. Introducing the developed economic and mathematical models and procedures into the corporative management system of financial and industrial structures boosts the effectiveness of their industrial and business operations, creates the necessary conditions for long-term sustainable development. The considered models can be structurally extended by means of including social and economic public interests and their realization within the framework of the public-private partnership system.