GOALS AND OBJECTIVES OF CONTROL AIMED AT THE DEVELOPMENT OF SUSTAINABLE INNOVATIONS IN CORPORATE GOVERNANCE
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Abstract
The article examines the goals and objectives of control aimed at the
development of sustainable innovations in corporate governance in a scientific and theoretical
way. Compliance with the principles of sustainable development sets goals and objectives that
take into account not only economic growth, but also social and environmental factors.
It is based on the fact that the implementation of the concept of sustainable development
is closely linked to innovation.
The transition of corporate governance to sustainable innovative development is
scientifically justified by the fact that the control function is necessary for setting new tasks,
making appropriate changes to internal control and internal audit in order to ensure the efficiency
of the business entity.
One of the functions of the control function is the adaptation of the organization to
changes in activity, and it is often scientifically proven that innovations do not have a significant
positive effect due to the lack of appropriate changes that ensure their optimal use.