The study of corporation as a sociocultural system

The article considers the aspects of studying corporations as a sociocultural system. The author has analysed the four approaches, which made the greatest contribution to the development of theoretical and practical matters concerning organization and the process of management. The specific features of justification of the modern conceptions in the theory of organization are discussed. It is stated that definition of corporation as a system of formal and informal structures has played a significant role in its study. It is shown how the “managers’ revolution” and emergence of a social group of knowledge workers have transformed the sociocultural environment of corporations changing dramatically the system of management.