OPTIMIZATION OF BUSINESS PROCESSES AS THE FOUNDATION FOR THE FORMATION OF A STABILIZATION FRAMEWORK IN CORPORATE GOVERNANCE
DOI:
https://doi.org/10.32689/2523-4536/81-6Keywords:
corporate governance, strategic development, process efficiency, alignment of managerial decisions, stabilization framework, digital integration, risk managementAbstract
The purpose of the article is to substantiate an approach to the formation of a stabilization framework in corporate governance based on enhancing process performance and integrating digital control tools. The study aims to identify applied mechanisms for aligning strategic priorities with the company’s operational activities under conditions of increasing market uncertainty and turbulence. The analytical section is based on the systematization of managerial parameters within the corporate structure, a comparative analysis of process efficiency indicators, and a quantitative assessment of the impact of deviations on financial results. Structural analysis tools, modeling of integral stability indicators, and the development of applied matrices for evaluating managerial decisions were employed. The article proposes a conceptual model of the stabilization framework that integrates strategic, process, control, and digital levels of governance. Key parameters for the quantitative assessment of stability are defined, and it is demonstrated that the integration of KPIs with process indicators reduces managerial risks and enhances decision coherence. Applied analytical tools have been developed to identify critical deviations, forecast the impact of external shocks, and optimize resource allocation. The proposed approach can be used by company executives to build a system for monitoring process performance, improve strategic planning procedures, and enhance the adaptability of the corporate structure. The implementation of integrated digital solutions contributes to reducing decision-making time and minimizing transaction costs. The study also found that the introduction of quantitative indicators of process flexibility and resilience reduces response time to external shocks and increases the accuracy of strategic forecasting. The originality of the research lies in the development of an applied model of the corporate governance stabilization framework based on the quantitative measurement of process efficiency and ensuring the systematic integration of strategic and operational management levels within the company.
References
Diakun A. M. (2025) Systema korporatyvnoho upravlinnia pidpryiemstv torhivli ta shliakhy yii udoskonalennia [The system of corporate governance of trade enterprises and ways of its improvement]. Naukovyi visnyk Poltavskoho universytetu ekonomiky i torhivli - Scientific Bulletin of Poltava University of Economics and Trade, no. 2(116), pp. 176–183. DOI: https://doi.org/10.37734/2409-6873-2025-2-25 (in Ukrainian)
Korol V. S., Setfanyshyn L. S. (2025) Korporatyvne upravlinnia: aspekty ekonomichnoi bezpeky biznesu [Corporate governance: aspects of economic security of business]. Akademichni vizii - Academic Visions, no. 43, pp. 1–9. DOI: https://doi.org/10.5281/zenodo.15402235 (in Ukrainian)
Makedon V. V., Ilchenko N. O. (2021) Koniunktura svitovoho rynku IT-posluh v umovakh ekonomiky 4.0 [Global IT services market conditions in the Economy 4.0]. Efektyvna ekonomika - Efficient Economy, no. 1. DOI: https://doi.org/10.32702/2307-2105-2021.1.8 (in Ukrainian)
Makedon V. V. (2010) Mizhnarodni stratehichni aliansy kompanii [International strategic alliances of companies]. Dnipropetrovsk: DUEP. (in Ukrainian)
Svynous I. V., Radko V. I., Khakhula B. V. (2025) Tsyfrova transformatsiia biznes-protsesiv finansovo-promyslovykh kompanii: ekonomichni perevahy ta ryzyky [Digital transformation of business processes in financial and industrial companies: economic benefits and risks]. Ekonomika ta suspilstvo - Economy and Society, no. 81. DOI: https://doi.org/10.32782/2524-0072/2025-81-87 (in Ukrainian)
Tkachuk H. Yu., Biliak T. O. (2022) Optymizatsiia osnovnykh ta dopomizhnykh biznes-protsesiv u biznes-modeli suchasnoho vyrobnychoho pidpryiemstva [Optimization of core and supporting business processes in the business model of a modern manufacturing enterprise]. Ekonomika ta derzhava - Economy and State, no. 2, pp. 125–128. DOI: https://doi.org/10.32702/2306-6806.2022.2.125 (in Ukrainian)
Shmatko N. M., Yakovenko S. V. (2025) Analitychnyi ohliad biznes-protsesiv pidpryiemstva [Analytical review of enterprise business processes]. Vcheni zapysky TNU imeni V. I. Vernadskoho. Seriia: Ekonomika i upravlinnia - Scientific Notes of TNU named after V. I. Vernadsky. Series: Economics and Management, no. 36(75)(1), pp. 119–124. DOI: https://doi.org/10.32782/2523-4803/75-1-18 (in Ukrainian)
Adesina A. A., Iyelolu T. V., Paul P. O. (2024) Optimizing business processes with advanced analytics: Techniques for efficiency and productivity improvement. World Journal of Advanced Research and Reviews, no. 22(3), pp. 1917–1926. DOI: https://doi.org/10.30574/wjarr.2024.22.3.1960
Aguilera R. V., Ruiz-Castillo M. (2025) Toward an updated corporate governance framework: Fundamentals, disruptions, and future research. BRQ Business Research Quarterly, no. 28(2), pp. 1–13. DOI: https://doi.org/10.1177/23409444251320399
Johannes F. N., Hendriks C., Maramura T. C. (2025) Corporate governance implementation: a key instrument for effective administration and management of state-owned enterprises – a scoping review. Frontiers in Political Science, no. 7, pp. 1–15. DOI: https://doi.org/10.3389/fpos.2025.1511708
Makedon V., Korneyev M. (2014) Improving methodology of estimating value of financial sector entities dealing in mergers and acquisitions. Investment Management and Financial Innovations, no. 11(1), pp. 44–55. Available at: https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/5607/imfi_en_2014_01_Makedon.pdf
Makedon V., Koptilyi D. (2025) Digital transformation and artificial intelligence as factors in the economic recovery of enterprises following armed conflicts. Economics, Entrepreneurship, Management, no. 12(1), pp. 33–48. DOI: https://doi.org/10.56318/eem2025.01.033
Miroshnychenko I., Bradul O. (2023) The influence of corporate management on the optimization of business processes. Economic Analysis, no. 33(4), pp. 253–260. DOI: https://doi.org/10.35774/econa2023.04.253
OECD (2025) Methodology for assessing the implementation of the G20/OECD Principles of Corporate Governance 2025. Paris: OECD Publishing. DOI: https://doi.org/10.1787/80996ea9-en
Sakyi J. K., Ibrahim A. K., Okafor C. M., Wedraogo L., Essandoh S., Olatunde-Thorpe J. (2025) The relationship between corporate governance and business performance. IIARD International Journal of Economics and Business Management, no. 11(10), pp. 153–168. DOI: https://doi.org/10.56201/ijebm.vol.11.no10.2025.pg153.168
Shaheen S. (2024) Business process optimization for enhanced organizational performance: An overview. The IUP Journal of Operations Management, IJOM-020224. Available at: https://iupindia.in/0224/Operations%20Management/Business_Process.asp
Downloads
Published
Issue
Section
License
Copyright (c) 2026 В.В. Македон

This work is licensed under a Creative Commons Attribution 4.0 International License.








