Scientific Center of Innovative Researches, International Conference on Corporation Management-2022

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Economic interests are the basis for the choice of stakeholders
Olksandra Liashenko


Economic interests are the conscious needs of various subjects, among which, according to the hierarchy traditional for economics, the state, region, enterprise, person belong. Any economic interest is a complex system of economic needs of economic entities. It is clear that these may be different from the other, but the system is not this, but something else. Reflective needs, economic interests have the biggest differences: if the needs are always focused on specific and fixed in time and space goals, the economic interests - aimed at economic relations and business conditions in general, because their formalization is often very complicated . The specificity of economic interests is also due to the fact that, on the one hand, such interests are objective conditions of production, on the other - the degree of awareness of the business entity of its needs. The dialectical interaction of the two sides of economic interest - objective and subjective - is the main reason that economic reasons are both the cause and condition of interaction and self-development of enterprises. The object of economic interests is a certain result of the operating activities of the enterprise, ie goods or services that serve the purpose of meeting the needs of which, own, and form a specific relationship between the enterprise and the environment that interact with them. The essence and content of economic interests are expressed through specific economic forms, which become incentives for its activities. The driving forces in the management of economic security are economic interests only in the relationship and interaction, any economic interests, they always develop in a single system, in which the vertical deserves special attention, represented by personal, collective, corporate, corporate, and government interests.

Each subject of economic relations is the bearer of a set of economic interests. With regard to the stakeholders of the enterprise, economic interests can be classified as follows: by the nature of the interest - natural and artificial (forced); by object - property and non-property (financial, investment, intellectual, information, etc.); by subject - personal, group, collective; by personification - the interests of owners, managers, staff; by nature - unique, innovative, adaptive, traditional, routine; by purposefulness - multi-purpose and single-purpose; by level of structuring - structured, poorly structured, unstructured; according to the management hierarchy - strategic, current, operational; by importance - primary and secondary; by variability - constants and variables; by localization in the structure of the external environment - megalevel, macrolevel, mesolevel, microlevel; by the form of existence in time - continuous, project (temporary), periodically repeated, unique (single); by the form of existence in space - complex and point; over the time horizon - long-term and short-term; according to the degree of awareness - true and false; if possible - measurable, difficult to measure, non-measurable; by method of measurement - definite, probabilistic, indeterminate; if possible, mutually agreed - agreed, difficult to agree, not agreed; by way of mutual coordination - standards and non-standards (those that require creative solutions); by alternative in coordination - non-alternative (invariant) and alternative (variant).

Thus, the stakeholders of the enterprise are characterized by a set of various interconnected and interacting economic interests that form a single system. However, the system of economic interests of the company's stakeholders is always contradictory. The realization of economic interests is carried out through the achievement of their subjects of specific economic goals. In the real activities of enterprises, the mutual coordination of economic interests of their stakeholders is carried out by at least partial satisfaction of each of the interests. The process of satisfying interests is quite complex for many reasons: a large number of domestic economic interests of stakeholders of the enterprise, which must be mutually consistent with each other; numerous economic interests of stakeholders of the external environment, which are subject to mutual coordination in the process of interaction both with the enterprise and with each other; complexity and contradictions of both groups of economic interests and opportunities and ways of their mutual coordination, etc.


economic interests; stakeholders