Digital economy development in corporate governance of joint stock company

Many researchers rightly associate medium-term trends in the development of society and the economy with their digitalization. Today, new digital technologies, innovative business models penetrate all spheres of the economic life of society, influencing the very essence of the economy, forming qualitative structural changes in it. We can agree with the opinion expressed by many researchers that, thanks to digitalization and other technological changes, humanity has entered a new era of global changes.

The digital economy today is perceived by many as a panacea, and its accelerated development as a way to solve almost all existing problems. This is reflected in the explosive growth of interest in "digital" issues in socioeconomic and humanitarian studies, and in public discourse, including in the statements of influential politicians, and in documents of public administration. But it should be under- stood that there is no “cure for all diseases”. And the digital economy cannot be a panacea in modern Russia, and in the world as a whole. Its development, in our opinion, should be considered in the context of other transformations that modern society and economy are experiencing, in close connection with them. And for this - to study in more detail its systemic properties, as well as the possibilities of the practical use of its tools in economic practice [1].

The digital economy, accelerating communication processes, is being introduced into practical life faster than it is possible to identify and systematize the main trends.

The digital economy involves the widespread use of modern information and communication technologies. This is directly reflected in management practices both at the macro level and at the level of commercial structures. Its development directs modern management to take into account new management principles and business rules [2].

Among the new management methods, experts note the blockchain, the big data method, expert systems, and the network management concept is becoming promising. Data become the basis for economic analysis, which examines the patterns of functioning of modern economic systems. According to a number of experts, at present it is not the very fact of possessing a resource that is becoming important for an economic agent, but the availability of data on this resource and the ability to use it to plan its activities. New ways of cooperation and coordination of economic agents appear for the joint solution of certain production and management problems.

However, according to experts, new management methods provide both opportunities and may pose significant threats, since they do not always fit into the framework of existing management technologies, so strategic and project management, which is characteristic of modern management, are not suitable for the digital economy. In addition, digital technologies sharply reduce control and regulatory functions.

The main problem of digital transformation projects is the lack or lack of qualified personnel. The role of the manager is also changing: the need for management decreases, and the growth of horizontal communications leads to a transformation in the nature of management. The tendencies of decentralization of management, rejection of rigid hierarchical ties, and the provision of expanded powers to employees determine the nature of management of modern organizations.

Thus, the digital economy should be understood as a type of management characterized by the predominant role of information and methods of managing it as a determining resource in the field of production, distribution, exchange and consumption. This is a new type of economic relations, which is now developing at a rapid pace and with the growth of high technologies, can become the main type of commodity-money exchanges at the global world level.

A corporation is a collection of legal entities and individuals who have united to achieve a goal and form an independent subject of law – a new legal entity. The Corporation is an entrepreneurial organization with a well-developed organizational structure, a wide range of activities, significant market share, extensive business ties and professional managers [3].

In our opinion, the features of corporate governance in the digital economy are based on its distinctive features:

• -    high level of automation;

• -    electronic document management;

• -    electronic accounting systems;

• -    electronic data storage;

• -    use of GRM (Geospatial Resource Management);

• -    creation of corporate social networks;

• -    use of information and communication technologies in production, management, communication, entertainment;

• -    electronic payment systems within the framework of e-commerce.

The clear advantages of the digital economy for enterprises are the ability to manage processes remotely and apply the latest technologies in forecasting, monitoring and analyzing activities; availability and transparency of markets for raw materials and goods, various services and services; simplification of calculations; improving product quality and productivity while reducing its cost.

In conclusion, the following conclusions can be formulated: the era of the digital economy is increasingly replacing the traditional one and forcing the management of enterprises to make decisions in favor of modern information technologies, since enterprises using digital innovations in their activities turn out to be more successful than those “lagging” in the “digital topic”. It was determined that the role of the "new" economy in improving the efficiency of enterprise management is significant, and with the help of digitalization tools it makes sense to transform those processes that lend themselves to logical understanding and digital formalization. Given the priority of the tasks of the digital economy, it is important to create, both at the state and micro levels, the necessary conditions that provide opportunities for the develop- ment of enterprises of traditional business models to the format of "digital business", and allow full-scale implementation of the developments of the digital economy in the business process management system making it even more effective.