THE IMPROVEMENT OF UKRAINIAN CORPORATE SECTOR EUROINTEGRATION MECHANISM

Authors

  • Maksym Bieliai

DOI:

https://doi.org/10.25264/2311-5149-2021-20(48)-46-52

Keywords:

corporate sector, European integration, Ukrainian corporations, Eurointegration mechanism.

Abstract

The article contains a critical analysis of the European integration process in terms of corporate sector integration. Recent research and publications on related topics have been analyzed. It was defined that the issue of Ukrainian corporate sector Eurointegration mechanism improving remains unsolved. The risk of spontaneous Ukrainian corporate sector Eurointegration has been determined.
The purpose of the paper is to improve the existing Eurointegration mechanism of the Ukrainian corporate sector. To achieve this goal, a GAP analysis of the existing Eurointegration mechanism (in terms of corporate sector integration) has been conducted. It was found that the corporate sector of the EU is not ideal, and has a deviation from the reference value of 10.9% in accordance with the selected criteria. At the same time, Ukrainian corporations have deviations of 31% from the reference. The deviation between the Ukrainian and European corporate sectors is 11 points or 22.4 %. According to the GAP-analysis methodology, such deviation can be classified as Middle GAP and therefore requires additional intervention.
It has been established that only the integration process Government facilitation is not enough. Collective joint responsibility approach has been suggested. Improvements for the existing Eurointegration mechanism for Ukrainian corporate sector has been developed. Suggested improvements include goals, objectives and tools for the state, corporate sector, public sector and higher education institutions. The Stakeholders' motivation map has been built. Stakeholders' motivation and benefits from the participation in the Corporate sector European integration process was determined.
Proposed improvements can significantly accelerate the integration process and make it more effective by achieving a synergistic effect of corporations, the state, the public and universities. The interaction profile of the Ukrainian corporate sector with universities and public sectors is a mutually beneficial cooperation.
Defined goals and objectives are fully covered by the internal motivation of these stakeholders, and therefore do not require additional declarative intervention.

How to quote:


Belyai MS Improving the mechanism of European integration of the corporate sector of Ukraine. Scientific notes of the National University "Ostroh Academy". Series
"Economics": a scientific journal. Ostrog: NaUOA Publishing House, March 2021. № 20 (48).
Pp. 46–52.

Formulas: 0; fig .: 2; tab .: 1; bibl .: 9.

Link:


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Published

2021-04-13