Issue |
E3S Web Conf.
Volume 380, 2023
International Conference “Scientific and Technological Development of the Agro-Industrial Complex for the Purposes of Sustainable Development” (STDAIC-2022)
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Article Number | 01028 | |
Number of page(s) | 7 | |
DOI | https://doi.org/10.1051/e3sconf/202338001028 | |
Published online | 13 April 2023 |
Aspects of forming the institutional mechanism for organization management
1 Plekhanov Russian University of Economics, Department of the Theory and Technology of Management, Moscow, Russia
2 Plekhanov Russian University of Economics, Department of the Management, Tourism and Hotel Business, Sevastopol, Russia
* Corresponding author: ykotelevskaia@mail.ru
The research of organizations’ development based on the study of the institutional mechanism helps to identify problematic issues and the possibility of economical systems’ functioning, on the ground of which the directions for the enterprises’ evolvement are determined. The purpose of this article’s study is to reveal the features of institutional mechanism’s formation for managing an organization. Within the framework of this article, the analysis of basic concepts like “institution”, “institutional management”, “institutional mechanism”, etc. is conducted. It is determined that formal rules’ institutions, mechanisms and restrictions include legislation and structures that implement their activities by introducing general principles into society and forcing participants to comply with the established rules. It is substantiated that institutional mechanisms, in case of effective use in the activities of organizations, will ensure the interaction of institutions and enterprises, forming an infrastructure represented by institutional requirements and opportunities for their implementation.
Key words: economic system / organization management / institution / institutional management / institutional mechanism
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0/).
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