The importance of the supervisory board in the implementation of effective corporate governance principles in the management of industrial enterprises

Abstract

The theoretical and practical basis of the research of this article are the results of research by domestic and foreign scientists in the field of corporate governance, aimed at the implementation of modern theories and doctrines of the corporate governance system at railway transport enterprises. In the course of the research, management factors leading to increased competitiveness, ensuring financial and economic stability of industrial enterprises, and further improvement of production indicators were analyzed. The share of transport services in the gross domestic product (GDP) of the country was analyzed. Also, analysis and data on the influence of newly produced freight cars on the dynamics of freight shipments by rail transport in our republic are presented. Proposals and conclusions have been developed to improve the management efficiency of industrial enterprises.