THEORETICAL AND LEGAL ASPECTS OF DETERMINING TRENDS IN THE DEVELOPMENT OF CORPORATE GOVERNANCE IN UKRAINE

Abstract

The purpose of the article is to identify key trends in the development of the institution of corporate governance in Ukraine in the context of recodification of civil legislation, as well as to study areas for improving the regulation of managerial relations in corporations in accordance with European integration processes. The methodological basis of the study is general scientific and special legal methods: logical-semantic, systemic-structural, functional and logical-normative. The work uses a comprehensive approach that includes an analysis of Ukrainian legislation, provisions of European corporate law and doctrinal developments. It was established that the modern trends in the development of corporate governance in Ukraine include: strengthening the private law nature of the corporate governance institution and the need for its clear consolidation at the level of the Civil Code of Ukraine; continued harmonization of corporate legislation with the norms and principles of European Union law; digitalization of management processes, as well as determining the limits of the use of artificial intelligence technologies in corporate governance; increasing importance of local corporate lawmaking; convergence of approaches to the legal regulation of management relations in limited liability companies and joint-stock companies. The work substantiates that the further development of corporate governance requires a systematic update of theoretical and legal approaches, in particular by consolidating the basic provisions of this institution at the level of the Civil Code of Ukraine, determining the legal boundaries of the digitalization of management processes, as well as the formation of unified approaches to the use of artificial intelligence in the activities of corporate bodies. The results of the study can be used in law-making activities, law enforcement practice, as well as in the development of local acts of corporate-type legal entities.