As you know, the market capitalization of the corporationrepresents the aggregate value of all its shares, determined, as a rule, on the basis of summation of the individual capitalizations of these shares. According to the established practice, corporate capitalization is one of the main characteristics of its success, although it does not always adequately show the state of affairs in this company. The reason for this situation is that the capitalization of a company-corporation largely depends on future possible incomes. That is why strategic planning for the development of corporations involves the introduction of planning activities.
Large firms are very interested in conductingsuch planning, not only for themselves, but also for business partners. Capitalization of the corporation, with this approach, becomes quite predictable indicator.
Under the influence of TNC, on the scale of individualstates, there are different systems of central planning. For example, in the US, in addition to intra-company, there is a private centralized planning. It is implemented by a core of 12 financial groups that have almost 10% of the assets of all corporations in the country and control 60% of US stocks.
Relations between monopolies still remaincompetitive, although there have been significant changes. If in pre-monopoly capitalism, for example, of 4,310,000 manufacturers in a particular industry, 100 firms were killed, then for other competitors, the market size increased by 1%. With a modern oligopolistic structure, if, for example, even one participant perished in the competitive struggle from 4 economic units of the industry, the market for each of the remaining ones will increase by 25%. Therefore, the intensity of competitive links immeasurably increases. If today the oligolist does not introduce new products, he will not have time for the policy of his competitors - his fate is predetermined.
The economic dominance of corporationsis perceived not as dominance, but as a "distribution of roles", which is formed on the basis of objective laws, the effect of which determines the ratio of different forms of ownership, capital and the overall development of society. Realization of corporate potential is possible only in a society where both the monopolist and the small entrepreneur are equally responsible to him.
The corporate world is heterogeneous, in eachcorporations have their own characteristics, both the management structure and the internal development mechanism. Capitalization also becomes a competitive parameter in this case, which determines the company's value in the market.
The fact is that capitalization can be andinsufficient. This happens when there is a significant disparity between economic capital and the capital of a particular corporation. Planning in the corporate business, just helps to eliminate this unfavorable imbalance.
Today corporate planning and variousIntegration models have become quite widespread. As part of the competition with state enterprises, large corporations already a priori receive preferences, because the very extent of the state contributes to this competition. The government can not but show interest in such enterprises both for economic and social reasons. Therefore, the state often provides them with various benefits - financial, customs, and in extreme cases even saves them from collapse. In turn, the largest firms, corporations and especially TNCs, largely determine the policy of the state, and not only in the economic field.
The advantages of corporations determined theira significant role in the world market since the late XX - early XXI centuries. The logical consequence of this was their desire to unite. The condition for such a merger was the agreement on the preservation of legal independence. After all, competition is connected to them with great risks, so they prefer to unite in alliances. And one of the important consequences of this development was the expansion of the scale of the planned. Planning has become an objectively necessary attribute of monopolized production, since TNCs do not risk releasing goods for an unknown consumer, into the market element, from which the company's capitalization suffers, first of all.
