Corporate Governance as a System of Social Interactions: Informational-Analytical and Financial Aspect

2021 ◽  
Vol 39 (6) ◽  
Author(s):  
Nataliya Dyeyeva ◽  
Natalya Malyuga ◽  
Halyna Fyliuk ◽  
Oleg Grygor ◽  
Margaryta Skrypnyk ◽  
...  
Keyword(s):  
Economic Theory ◽  
Corporate Governance ◽  
Social Interactions ◽  
Theory And Practice ◽  
Global Models ◽  
The Social ◽  
Modern Economic ◽  
The Creation ◽  
Comparative Description ◽  
Financial Aspect

The issues of improving corporate governance as a social interactions system are a management task that is quite complex and urgent. The authors devoted their research to the problems of improving corporate governance as a system of social interactions. The authors studied legislative norms, analyzed the social essence of corporate governance, objective and subjective factors, gave a comparative description of the progressive global models of corporate governance, and the Ukrainian model. To formulate relevant proposals, the authors surveyed 174 respondents, to study whose interests, in their opinion, are primarily implemented in corporations. The generalization of the existing approaches of modern economic theory and practice to understanding and defining the essence of corporate governance made it possible to form a methodology of corporate governance as a system of social interactions, which was positively assessed by the respondents and which will strengthen trust in the company and contribute to the creation of value in the interests of shareholders, employees and other stakeholders, which will lead to an increase in its value of the company by increasing its competitiveness, efficiency and growth. However, in the study, possible obstacles arose, which will be studied in more detail in further investigations by the authors.

B is for Bias

2014 ◽  
Vol 3 (2) ◽  
pp. 35-47
Author(s):  
Calin Valsan
Keyword(s):  
Economic Theory ◽  
Rational Expectations ◽  
Economic Environment ◽  
Rational Agents ◽  
Economic Agents ◽  
Behavioral Biases ◽  
The Social ◽  
Modern Economic

Standard economic theory assumes rational agents. Individuals are expected to have rational expectations and constantly optimize their choices. Modern economic and financial theory is build under the assumption of rationality. There is plenty of evidence from psychology, however, that individuals are biased and rely heavily on heuristics in order to make decisions. Yet, this is not a mere fluke, a behavioral oddity. Because the social and economic environment in which individuals evolve is complex, behavioral biases represent evolutionary adaptations allowing economic agents to deal with undecidability and computational irreducibility.

scholarly journals The Theory of Crisis after Crisis

2015 ◽  
Vol 52 (1) ◽  
pp. 1-12
Author(s):  
Igor Mladenović ◽  
Dragoslav Kitanović
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
Scientific Methodology ◽  
Objective Knowledge ◽  
World Crisis ◽  
Philosophy Of Economics ◽  
The Social ◽  
The World ◽  
Modern Economic ◽  
Political Foundations

AbstractThe global economic system and the world crisis are a reality, and hence the challenge for modern economic theory, which is to provide a valid response to its development and overcoming the crisis. The prevailing economic theory and methodology (neo-liberal paradigm) in this field demonstrates serious defects, so this paper attempts to show that the relative nature of economic theory is in expressing the social prejudices of its time. Demystification of the ideological and political foundations of what is today considered "objective knowledge" in the economy, is only possible with the affirmation of a new scientific methodology of economics, i.e. the new philosophy of economics. The aim of the paper is to stimulate thinking and different views on this subject.

scholarly journals Social Entrepreneurship: rethinking theoretical assumptions

2021 ◽  
Vol 17 (2) ◽  
Author(s):  
Monika Golonka ◽  
Anna Rychlik
Keyword(s):  
Economic Theory ◽  
Social Entrepreneurship ◽  
Social Entrepreneur ◽  
Human Beings ◽  
Essential Nature ◽  
The Social ◽  
Theoretical Assumptions ◽  
Modern Economic ◽  
Theoretical Paper ◽  
Realist View

Most of the Social Entrepreneurship (SE) literature derives its theoretical assumptions from the field of entrepreneurship in general, and more broadly, from modern economic theory. However, some thinkers notice significant gaps in existing theory and try to conceptualise SE incorporating some missing elements. In this theoretical paper, we explain the origins of contemporary SE concepts, analyse the significant contemporary SE works of leading thinkers and their theoretical assumptions. We also specify major shortcomings in existing concepts and demonstrate the possibility of filling gaps by realism, especially Aristotle’s philosophy. His distinctive realist view of human beings, including entrepreneurs, and his broader view on economics allows us to understand the essential nature of entrepreneurship, providing unique insights regarding the intellectual-volitional faculties of the social entrepreneur.

System Economics as a Platformfor development of modern Economic Theory

2013 ◽  
pp. 4-28 ◽  
Author(s):  
G. Kleiner
Keyword(s):  
Economic Theory ◽  
Structural Model ◽  
Economic Systems ◽  
Modern Economic ◽  
The Creation ◽  
Economic Goods

In this article the concept of system economics — a new direction in economic theory based on a view of economic processes as the creation, operation, interaction and transformation of economic systems — has been developed. The co-ordinated basic typology of economic systems, goods, processes, and management operations, which allows to represent economy functioning as a structural model of economic goods circulation, has been proposed. Potential directions of system economics application as a conceptual platform for progress in solving current tasks of modern economic theory have been defined.

Documentary = arbitrary: A few practical-theoretical impulses

Maska ◽  
2015 ◽  
Vol 30 (172) ◽  
pp. 160-173
Author(s):  
Zala Dobovšek
Keyword(s):  
Collective Memory ◽  
Theory And Practice ◽  
Personal Memory ◽  
Theoretical Frameworks ◽  
Documentary Theatre ◽  
Space And Time ◽  
The Social ◽  
The Creation ◽  
Insight Into ◽  
International Festival

The 2014 Mladi levi international festival directed its overall programme scheme towards documentary and participatory performances, and it also offered a workshop on documentary theatre. The formats of documentary and participatory theatre (with all their variants) don’t just trace the artistic maturity of a certain environment in itself but are always also indices showing the broader picture of the social (political, cultural, etc.) and thereby mental situation of a certain space and time. This contribution combines theory and practice; it considers documentary theatre in various theoretical frameworks, compares its various staging approaches (personal memory, collective memory, simulations, reconstructions) and offers a brief insight into the creation and the procedures of this genre.

The Oppression of Women and Nature: Ecofeminism as a Framework for an Expanded Ecological Social Work

2002 ◽  
Vol 83 (3) ◽  
pp. 221-232 ◽  
Author(s):  
Fred H. Besthorn ◽  
Diane Pearson McMillen
Keyword(s):  
Economic Theory ◽  
Social Work ◽  
Social Workers ◽  
Ecological Model ◽  
Theory And Practice ◽  
Environmental Philosophy ◽  
Ecological System ◽  
Modern Economic ◽  
Model Of Practice ◽  
The Way

This article broadens and clarifies the way social work conceptualizes its ecological/system constructs and the professional commitments that flow from them. It utilizes important insight from a contemporary, radical environmental philosophy—ecofeminism—to search for language and descriptions that may help the profession begin the process of formulating and depicting an expanded ecological model of practice. This article sketches the essential philosophical premises of a revisioned ecological model and offers suggestions for interpreting and applying this model. Specifically, it gives attention to critiquing the interrelated oppression stemming from modern economic theory and practice, and ways in which social workers may collaborate with communities and individuals to bring about change.

Economics With a Human Face?

2011 ◽  
Author(s):  
Francesco Boldizzoni
Keyword(s):  
Economic Theory ◽  
Social Science ◽  
Alternative Interpretation ◽  
Neoclassical Economics ◽  
Human Face ◽  
Karl Polanyi ◽  
Science History ◽  
Social Science History ◽  
The Social ◽  
Modern Economic

The major misunderstanding about cliometrics comes from the subsequent spread of Douglass North's new institutional approach. North claims to have challenged traditional economic theory, which he found inadequate. This chapter shows how this approach, besides being patently unhistorical, rests on flimsy foundations. In order to do so, it draws on a variety of evidence from the social and historical sciences. It also compares North's synthesis with the example of social science history offered by Moses Finley, the eminent ancient economic historian. Finley made a powerful argument against the application of modern economic theory to the past. Furthermore, he developed an alternative interpretation for the origin of institutions, rigorously demonstrating the logical precedence of society over the economy. The chapter begins by considering the criticism that Karl Polanyi made against neoclassical economics in the mid-twentieth century. In fact, both North's and Finley's works can be read as a response to Polanyi.

Provoking Disorder: The Politics of Speech in Protectorate Middlesex

2014 ◽  
Vol 53 (4) ◽  
pp. 885-908 ◽  
Author(s):  
Caroline Boswell
Keyword(s):  
Social Interactions ◽  
Gender Relations ◽  
Social Power ◽  
Political Order ◽  
Interpersonal Conflicts ◽  
The Social ◽  
The Creation ◽  
And Gender ◽  
The Impact

AbstractThis article explores the impact of the 1654 ordinance against challenges, duels, and provocations. Despite the Council of State's original intentions, this legislation offered non-elites the opportunity to prosecute threatening and abusive language as “provocations,” recasting interpersonal conflicts as dangerous to society rather than to an individual's “common fame.” Indeed, many of the cases prosecuted at the Middlesex sessions centered on “provocative” behavior that questioned normative social and gender relations, revealing how the Protectorate's anti-dueling legislation provided a new weapon in contests over social power. Comparing the creation and implementation of the 1654 ordinance, this article argues that the Protectorate's legislation exposed the connections between the regulation of social interactions and the preservation of the social and political order.

scholarly journals Empathy in Social Agents

2011 ◽  
Vol 10 (1) ◽  
pp. 1-4 ◽  
Author(s):  
Ana Paiva
Keyword(s):  
Social Interactions ◽  
Social Relations ◽  
Major Elements ◽  
Social Agents ◽  
The Past ◽  
The Social ◽  
The Creation ◽  
Concrete Model

Empathy is seen as the capacity to perceive, understand and experience others' emotions. This notion is often considered as one of the major elements in social interactions between humans. As such, when creating social agents, that are believable and able to engage users in social interactions, empathy needs to be addressed. Indeed, for the past few years, many researchers have been looking at this problem, not only in trying to find ways to perceive the user's emotions, but also to adapt to them, and react in an empathic way. This paper provides a small overview of this new challenging area of research, by analyzing empathy in the social relations established between humans and social agents, and providing a concrete model for the creation of empathic social agents.

scholarly journals Zakat as an Obligatory System and its Implications for Social Psychology of Society (Social Tafsīr of Sūrah Al-Tawbah: 103)

2017 ◽  
Vol 2 (2) ◽  
pp. 43-53
Author(s):  
Abdul Wahid Al-Faizin ◽  
Taqiyah Dinda Insani ◽  
Tika Widiastuti
Keyword(s):  
Social Psychology ◽  
Social Role ◽  
Human Relationships ◽  
Equal Degree ◽  
The Social ◽  
Modern Economic ◽  
The Creation ◽  
The Government ◽  
Economic Tools

In the current literature, the study of the collective benefits of Zakat is more emphasized on the material economic aspects by using modern economic tools. Meanwhile, Zakat has a significant social role in the community. Therefore, Allah mentions in Qur'an the command of Zakat and prayer together as much as 22 times. It shows that the role of Zakat socially in human relationships with each other is comparable to the relationship with God. This paper will try to explore and analyze the social role (Social Psychology) of Zakat as an obligatory system from Sūrah al-Tawbah: 103. The method used in this paper is a qualitative method by using content analysis that combines tafsīr bi al-ra’yi with tafsīr bi al-ma’thūr. By using social tafsīr, it is found that Zakat should be an obligatory system and its management must be done centrally by the government. BAZNAS can be a representation of the government to perform the task. Then, it will result in the creation of equal degree and status between mustahiq and muzakki. Meanwhile, the implication of Zakat in the context of social interaction of the society is the creation of tranquility, security, and harmony for the whole society. Keywords: Zakat, Social Tafsīr, Social Psychology

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