FEATURES OF CORPORATE GOVERNANCE AT DIFFERENT STAGES OF THE COMPANY'S LIFE CYCLE

Abstract

The relevance of the work lies in the fact that over the past decade Russian companies have demonstrated quite high rates of development. Large Russian corporations are becoming subjects of domestic and international politics, solving serious issues in such spheres of public life as education, science, social stability, etc. And this whole process is large-scale: more than two-thirds of the value that is created in the world per year falls on corporations. Each company is like a living organism: it is also born, goes through a stage of development, achieves some success, and then weakens and as a result may cease to exist. There are absolutely not many companies that have been on the market for a very long time, and there is no organization that would completely do without any changes in the course of its life cycle: each of the organizations has its own life path, one way or another. Speaking in general, the cycle is a general concept that is widely used in various spheres of human activity. When analyzing the stages of the company's life cycle, it is important to focus on setting tasks that correspond to a certain stage, as well as on developing recommendations for improving the organization's management mechanism.