Sagaydack U. The joint stocks companies' efficiency in economics of Ukraine

The theoretical-methodical generalization and practical basis of the joint stock company efficiency management in Ukraine is proposed in the thesis. It is arised the necessity of qualitative change in management of enterprise's economic activity in the transformation period of market relationships. It applies to peculiarity of enterprise's activity. The approaches to old conceptions and their characteristics have out of date. Earlier the efficiency was the notion only production activity. But the conditions of business activity have changed. That's why the necessity of theoretical idea expansion is arised. The determination "efficiency" should take into account all spheres of enterprise's activity. It is determined that enterprise functioning is combined efforts of all firm's structure and all acquired experience. The obligatory condition of enterprise functioning is effectiveness. It is an achievement of maximum possible results and minimum expenses in determine time interval. The effective enterprisefunctioning is met the requirement in resources, high organization level and management competence. In general the effectiveness is correlation between expenses and results. It is defined that two points on the criterion and indices exist in science literature. The first followers propose to build a complex index of effectiveness. The other sciences propose to create a system of indices for efficiency valuating. Analysing the theoretical and methodological bases of all existence approaches the author describes an own conception of enterprise effectiveness. According to new demand the own conception the level of joint stock company activity efficiency is elaborated. It takes into account environment of joint stock company that should be divided to two parts: internal and external factors. There are plural factors of environment that have an influence upon the joint stock company efficiency. The most important internal factors are interrelationships with shareholders and wageworkers. The most important externalfactors are interrelationships with suppliers, consumers, investors and state. The level of efficiency is determined as weighted estimation that characterized satisfaction of joint stock company activity with each group of interested persons.