Effectiveness of using digital technologies in corporate management systems

Authors

  • Nataliia Kaluhina PhD (Economics), Associate Professor, Department of Management and Marketing, Faculty of Business and Social Communications, State University of Intellectual Technologies and Communications, Odessa, Ukraine https://orcid.org/0000-0002-4543-8896
  • Krystyna Tonieva PhD in Economics, Associate Professor, Associate Professor of Department of Management, Logistics and Innovation, Educational and Scientific Institute of Management and Marketing, Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine https://orcid.org/0009-0006-1848-8130
  • Maksym Bevz PhD student, Department of Management named after professor L.I. Mykhailova, Faculty of Economics and Management, Sumy National Agrarian University, Sumy, Ukraine https://orcid.org/0009-0008-0115-4841

DOI:

https://doi.org/10.5281/zenodo.15116093

Keywords:

corporate governance, digital transformation, digital tools, automation, analytics, decision-making, business processes

Abstract

In modern conditions, digital transformation is a key factor in increasing the efficiency of corporate management, which contributes to the growth of companies' competitiveness, improving communication and optimizing resources. The purpose of the article: to investigate the effectiveness of using digital technologies in corporate management of enterprises. Methods. The study used methods of critical analysis of scientific sources (to study existing theoretical approaches), synthesis (to summarize the data obtained and formulate conclusions), tabular and graphical representation (to visualize information), as well as the method of scientific abstraction (to theoretically summarize the results). Results. It was established that corporate governance today is an integral part of any enterprise or organization engaged in commercial activities. There are only minor differences, which usually relate to legal norms, procedures and methods. Without corporate management, modern business cannot function. The study showed that an important component of successful corporate management is digital transformation, which is a comprehensive approach to doing business. Corporations implementing information technologies seek not only to digitize all business processes, but also to change the approach to corporate enterprise management. It has been proven that the use of digital tools in corporate management significantly increases the overall productivity of the organization, optimizes costs, improves decision-making processes and interaction with customers, and also provides a higher level of transparency and accountability. Conclusions. Thus, the use of digital technologies in corporate management systems demonstrates high performance and contributes to the optimization of internal processes, improved decision-making and cost reduction. Effective use of digital innovations can significantly increase the competitiveness of the company and ensure its stable development in the modern business environment.

Published

2025-03-30

How to Cite

Kaluhina, N., Tonieva, K., & Bevz, M. (2025). Effectiveness of using digital technologies in corporate management systems. Current Issues of Economic Sciences, (9). https://doi.org/10.5281/zenodo.15116093