scholarly journals Rational Managerial Decisions in Business Sector

2021 ◽  
Vol 2021 (1) ◽  
pp. 66-77
Author(s):  
Evgeny Shumkin
Keyword(s):  
Decision Making ◽  
Public Relations ◽  
Social Relations ◽  
Business Environment ◽  
The State ◽  
Managerial Decision ◽  
Managerial Decisions ◽  
The Social ◽  
Business Area

This article features managerial decisions in business area, where the state plays the role of an external regulator of public relations and the main influencer. The legal tools that affect decision-making in business depend on the social mechanisms of business regulations. The author describes the position of the rational regulator that evaluates the decisions made by a business entity. Positive law is an integral part of objective reality and is a set of codified principles of legally appropriate behavior. Imperative and dispositive regulations of public relations in business area imply that a business entity can choose a model of managerial and entrepreneurial behavior based on the rules provided by the legislator. The active role of the state as an external regulator of the social relations reflects the problem of dissonance between legal and social norms underlying managerial decision-making, which leads to additional economic and transaction costs. The paper also features the problem of frustration conflict between the regulator and the business environment in the context of applying the rationality proposed by the state in business activities and the problem of choosing the right managerial decision for its subjects. By refusing from a radical and negative assessment of the entrepreneur's management decisions, the state can solve this problem. The state needs to be more tolerant to business risks as an alternative rationality, without identifying them with deviant behavior. By preventing alienation of business from the state, one can eliminate the conflict between law and favorable climate in business area, i.e. maximal convergence of social and legal norms.

RELIGIOUS CHARITY IN THE RUSSIAN STATE: RETRO-ASSESSMENTS OF THE EMPIRICAL PAST

2021 ◽  
Vol 10 (2) ◽  
pp. 89-100
Author(s):  
A.V. ISAEV ◽  
◽  
V.A. MATVIENKO ◽  
Keyword(s):  
Public Relations ◽  
The State ◽  
Social Sphere ◽  
The Past ◽  
Role Of The State ◽  
Russian State ◽  
The Social ◽  
Comprehensive Picture ◽  
The Needy

The aim of the scientific monitoring undertaken within the framework of this article is to present the most comprehensive picture of the interaction between the state organs and traditional religious confessions in implementation of social assistance by them to the needy layers of the population. A retrospective of the established realities of the social sphere existed in the past allowed the authors of this work to trace their influence on the essential characteristics and forms of religious organizations' charity activi-ties in the space of provincial regions of Russia in the second half of the XIX – early XX centuries. The conduct-ed reconnaissance of the planned range of issues made it possible to state the facts of an exclusive empyria exist-ence for every traditional Russian religious confession, as well as a certain dependence of the religious charity on the character of public relations, on the role of the state in the social sphere, and the connection with spirituality genesis.

Agents beyond the State

2020 ◽  
Author(s):  
Mark Netzloff
Keyword(s):  
Early Modern ◽  
Social Relations ◽  
Early Modern Period ◽  
Theoretical Models ◽  
The State ◽  
Modern State ◽  
Professional Lives ◽  
Dutch Revolt ◽  
The Social

The early modern period is often seen as a pivotal stage in the emergence of a recognizably modern form of the state. In Agents Beyond the State, Mark Netzloff returns to this context in order to examine the literary and social practices through which the early modern state was constituted. The state was defined not through the elaboration of theoretical models of sovereignty but rather as an effect of the literary and professional lives of its extraterritorial representatives. Netzloff focuses on the textual networks and literary production of three groups of extraterritorial agents: travelers and intelligence agents, mercenaries, and diplomats. These figures reveal the extent to which the administration of the English state as well as definitions of national culture were shaped by England’s military, commercial, and diplomatic relations in Europe and other regions across the globe. Agents Beyond the State emphasizes these transnational contexts of early modern state formation, from the Dutch Revolt and relations with Venice to the role of Catholic exiles and nonstate agents in diplomacy and international law. These global histories of travel, service, and labor additionally transformed definitions of domestic culture, from the social relations of classes and regions to the private sphere of households and families. Literary writing and state service were interconnected in the careers of Fynes Moryson, George Gascoigne, and Sir Henry Wotton, among others. As they entered the realm of print and addressed a reading public, they introduced the practices of governance to an emerging public sphere.

scholarly journals Behavioral Cost of Managerial Decisions Under Risk Perception and Culture: A Comparative Study Between the United States and Pakistan

SAGE Open ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 215824402110278
Author(s):  
Nishwa Iqbal Dar ◽  
Syed Zulfiqar Ali Shah ◽  
Zeeshan Ahmed
Keyword(s):  
Decision Making ◽  
New York ◽  
Risk Perception ◽  
Cognitive Biases ◽  
Stock Exchange ◽  
The United States ◽  
Managerial Decision ◽  
Managerial Decisions ◽  
Overconfidence Bias

The study is an attempt to find the reasons for biased behavior of overconfident managers while making financial decisions on behalf of shareholders. The study further seeks the ways to resolve the problems faced by firms due to such biased decision-making. For this purpose, quantitative research method is used to uncover the new information for better understanding of study. The comparative analysis has been done through survey-based data collected from executives/managers of firms listed on Pakistan Stock Exchange and New York Stock Exchange. The results indicate that overconfidence bias plays a significant role in managerial decisions for Pakistan compared with U.S. managers. This study applied mediation and moderation tests and found the significant mediating role of risk perception for overconfidence bias and manager decisions. The study further checked moderating role of cultural value, that is, the role of uncertainty avoidance between overconfidence bias of managers and risk perception. Hence, the role of cognitive biases and bounded rationality is undeniable for managerial decision-making and ultimate behavioral cost that firms have to pay due to undesired outcomes of situations. Consequently, this study has reached to extract the hidden facts and solutions to the observed issues for developed and emerging economy’s firms through cultural differences.

scholarly journals DIMENSIONS OF THE SOCIAL RISK IN THE CONTEMPORARY ECONOMY

2008 ◽  
pp. 28
Author(s):  
Marcela Danu
Keyword(s):  
Economic System ◽  
National Economy ◽  
Business Environment ◽  
The State ◽  
Systemic Approach ◽  
Social Risk ◽  
The Social

The role of risk and its implications in the societal life causes the systemic approach in the triad consumer - firm - environment. One of the types of risk that the company always supported but in periods of crisis, a known multiplied size and gravities, is the social risk. This paper highlights, mainly, two types of social risk faced by the demand, supply, the economic system exponents, as a whole, respectively the risk of poverty and social risk to the organization. The conditioning and the interdependencies of them are generated and maintained by the state of development of national economy, the quality of the business environment.

scholarly journals Exploring the Role of the Workplace in Experiences of Commuter Stress: A Mixed-Method Study from Sofia, Bulgaria

2021 ◽  
Vol 10 (6) ◽  
pp. 208
Author(s):  
Anna Plyushteva
Keyword(s):  
Social Relations ◽  
Mixed Method ◽  
Geographical Location ◽  
Public Spaces ◽  
Spatial Constraints ◽  
The Public ◽  
Managerial Decisions ◽  
The Social

Several studies have argued that the effects of commuter stress spill into other domains of everyday life, including the workplace. However, the entanglements between commuter stress and the workplace are complex and multidirectional. Commuter stresses both shapes and is shaped by managerial policies, workplace social relations, and the negotiations of working schedules. The present paper explores these interconnections. Drawing on a survey of 281 office-based employees in 27 companies in Sofia, Bulgaria, the paper demonstrates how the characteristics of individuals and individual journeys are important in shaping commuter stress but not exclusively so. In examining the significance of the workplace in relation to commuter stress, the paper differentiates between the geographical location of the workplace and the employing organisation, thus offering a granular understanding of spatial (e.g., the quality of the public spaces surrounding the office) and organisational (e.g., managerial decisions regarding parking) factors. The paper highlights the social and spatial constraints within which commutes are carried out, thus emphasising the role of employers and local government in what is often understood in terms of individual travel choices.

scholarly journals Legal and social aspects of the state participation in the governance of the large corporations in Russia

2020 ◽  
Vol 222 ◽  
pp. 06004
Author(s):  
Oxana Cherkasova ◽  
Sergey Sosnovskikh
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Federal Government ◽  
Legal Status ◽  
Market Competition ◽  
Business Environment ◽  
The State ◽  
Managerial Decision ◽  
State Participation ◽  
Large Corporations

This paper evaluates the legal status of the Russian federal government as a corporate governance participant using the example of large sectorial companies. The state commonly regulates economic processes and focuses on pursuing the public interest. It also acts as a guarantor of social responsibility, and this affects decision-making processes in state-owned corporations. In Russia, the federal government has always played an essential role in the business activities of enterprises. Many companies are known to be state-owned or have close links to the state authorities and policymakers. This raises an academic debate concerning the development of market competition, state participation, and business environment. We propose approaches to understanding the participation of the state and unitary enterprises in corporate governance in Russia. By employing secondary data analysis as well as examining the Russian legislation in corporate law, we attempt to determine the legal and social status of the federal government in managing large corporations. This study addresses the issues of the duality of the legal status of the government in corporate governance and its impact on managerial decision-making.

The transformation of the Russian notary in the new economic realities

2020 ◽  
Vol 22 (1) ◽  
pp. 92-97
Author(s):  
KONSTANTIN A. KORSIK ◽  
◽  
ANASTASIYA A. PARFENCHIKOVA ◽  
Keyword(s):  
Public Administration ◽  
Relevant Information ◽  
The State ◽  
Technological Infrastructure ◽  
Social Sphere ◽  
The Social ◽  
Modern Economic ◽  
World Development

The article is devoted to the review of current changes in the legislation on notaries related to the development of electronic civil circulation, analysis of existing digital risks and assessment of the role of notaries in combating them. In modern economic realities, a significant expansion of the sphere of competence of the notary is carried out by introducing completely new notarial actions into the scope of the notary’s terms of reference. At the same time, the notary does not just follow the general ‘digital’ trend, but independently makes significant efforts to effectively perform the tasks of the social sphere regulator assigned to it by the state. The creation of the Unified Notary Information System as part of the formation of the technological infrastructure to ensure the security and stability of legal relations in the context of electronic civil circulation takes to a new level the quality of notarial services and the security of legally relevant information. The role of notaries significantly increases in conditions when the use of digital technologies in the economy, public administration, social sphere becomes one of the main vectors of world development, and society and the state inevitably face the flip side of this process – digital risks that jeopardize the safety of participants in civil turnover and their property. In 2020, as part of the implementation of the national program ‘Digital Economy’, it is planned to introduce a number of innovations that will create the basis for a stable and secure ‘digital’ turnover.

scholarly journals “Crazy Jack” and the “Gay CEO”: Visions, Entrepreneurship, and the Chinese State in the New Digital Economy

2021 ◽  
Vol 50 (1) ◽  
pp. 63-85
Author(s):  
Marina Svensson
Keyword(s):  
Social Relations ◽  
Personal Narratives ◽  
Digital Economy ◽  
The State ◽  
Business Leader ◽  
Online Spaces ◽  
Chinese State ◽  
To Receive

This article analyses the visions, careers, and companies of Jack Ma of Alibaba and Geng Le of Blue City. Jack Ma is a well-known business leader and visionary, whereas the less well-known Geng Le only began to receive more attention since launching a successful gay dating app in 2012. The article focuses on the personal narratives and visions of these two IT entrepreneurs. It provides new perspectives on the role of individual entrepreneurs in relation to the Chinese state’s global ambitions and vision of creating a “strong internet country.” It argues that the commercialisation and platformisation of the Chinese internet, and the growing transnational nature of Chinese IT companies, serve to make them more, not less, co-dependent of the state and its visions. The internet’s emancipatory potential is today increasingly conflated with consumption, and online spaces and social relations are subject to both commodification and datafication.

Les chefs de cabinets ministériels au Québec: la transition du gouvernement libéral au gouvernement péquiste (1976–1977)

1981 ◽  
Vol 14 (2) ◽  
pp. 309-335 ◽  
Author(s):  
Micheline Plasse
Keyword(s):  
Decision Making ◽  
Civil Service ◽  
The State ◽  
Comparative Perspective ◽  
Decision Making Process ◽  
The Social ◽  
Economic Forces ◽  
The Government

This article first presents a brief survey of the role and functions filled by the personal aide (chef de cabinet) of a minister in Quebec. The analysis continues, in a comparative perspective, by tracing a sociological and professional portrait of the Liberal“chefs de cabinet” in April 1976 and their successors in the pequiste government in July 1977.We then test the hypothesis that the cleavage between the government and the dominant economic forces has increased since November 15, 1976 as a result of the ideology articulated by the“chefs de cabinet” regarding the social and economic aims of the state. This hypothesis was confirmed.The hypothesis that the pequiste“chefs de cabinet” exercise a more pronounced influence on the decision-making process is also confirmed. Nevertheless, one cannot argue that the pequiste“chefs de cabinet” usurped the power of the legislators; their influence is more political than technocratic. The growing influence of the pequiste“chefs de cabinet” neverthelsss helps to accentuate the tensions and conflicts between the higher civil service and the ministerial aides.

Devbans, Caste, Gender and the State:Political Ecology of a Sacred Grove of Himachal Pradesh

2021 ◽  
pp. 239448112110203
Author(s):  
Supriya Rani ◽  
Neera Agnimitra
Keyword(s):  
Decision Making ◽  
Political Ecology ◽  
Social Institutions ◽  
Himachal Pradesh ◽  
The State ◽  
The Political ◽  
Power Dynamics ◽  
Sacred Grove ◽  
Probability Of Survival ◽  
The Social

Devbans are the parts of forest territory that have been traditionally conserved in reverence to the local deities in various parts of Himachal Pradesh. Today, they stand at the intersection of tradition and modernity. This paper endeavours to study the political ecology of a Devban in the contemporary times by looking at the power dynamics between various stakeholders with respect to their relative decision making power in the realm of managing the Devban of Parashar Rishi Devta. It further looks at howcertain political and administrative factors can contribute towards the growth or even decline of any Devban. The study argues that in the contemporary times when the capitalist doctrines have infiltrated every sphere of the social institutions including the religion, Devbans have a greater probability of survival when both the state and the community have shared conservatory idealsand powers to preserve them.

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