The Impact of Employee Attitudes on the Effectiveness of Corporate Governance and Social External Effects: Business Analytics Platform

Abstract

The article solves the problem of ensuring effective corporate governance through the study of social effects and such a phenomenon as employee resistance to change. The main purpose of the study is to develop practical ways of increasing the effectiveness of corporate governance by assessing the intensity of employee resistance to change in turbulent external socio-economic conditions based on the business analytics platform. To achieve this, the authors compared theoretical thinking with empirical testing methods. This study was conducted using the methods of analysis and synthesis, surveys, expert evaluations, and the method of taxonomy. The results revealed: (1) Reliability and sustainability of survey tools; (2) Dependence of employee resistance to change on individual psychological and socio-psychological reasons and organizational barriers; (3) The effectiveness of assessing the level of intensity of employee resistance to organizational change in negative socio-economic conditions based on the calculation of the integrated coefficient; (4) The importance of effective work of HR managers that is aimed at overcoming employee resistance to change in order to achieve positive social effects. We have determined that achieving strategic goals of the company's development through the implementation of corporate governance is conditioned by positive organizational change, for the successful implementation of which it is necessary to assess the employee resistance to change in order to effectively overcome it. The study substantiates the main groups of reasons for persistent employee resistance to change. We offer practical recommendations on how to assess the intensity of employee resistance to change. In the course of additional research, proposals for successful planning of employee development programs were formulated. Positive social external effects of corporate governance effectiveness were determined.