2025 14

The economic essence and scientific genesis of corporate integration processes from the perspective of economic and legal support

Lytvynenko А.,
graduate of the third (educational and scientific) level of higher education,
ORCID https://orcid.org/0000-0001-8149-189X
e-mail: litvinenko_nastenk@ukr.net
PZHE “Rauf Ablyazov Eastern European University”, Cherkasy

Citation Format
Lytvynenko А. The economic essence and scientific genesis of corporate integration processes from the perspective of economic and legal support. Management of Economy: Theory and Practice. Chumachenko’s Annalscollection of scientific papers / Institute of Industrial Economics of the NAS of Ukraine. Kyiv, 202
5. P. 239-256. https://doi.org/10.37405/2221-1187.2025.239-256 

Language
Ukrainian

Resume
The article examines the economic essence and scientific genesis of corporate integration processes in the modern socio-economic environment. The nature of integration forms arising from the consolidation of capital, resources, and business strategies at both micro- and macro-levels is revealed. Particular attention is paid to the evolution of academic approaches to defining integration – from classical institutional concepts to contemporary theories of corporate governance, compliance, and legal regulation. The study highlights key stages in the development of integration processes, including industrial, post-industrial, and digital phases, and analyzes their impact on enterprise competitiveness and the transformation of market structures.
The necessity of comprehensive economic and legal support for integration processes is substantiated, including regulatory mechanisms of state policy, corporate law instruments, antitrust restrictions, and contractual safeguards. It is demonstrated that effective integration is impossible without legal mechanisms ensuring transparency, shareholder rights protection, and risk management. The author proposes a system of evaluation criteria for integration decisions that balances economic outcomes with legal requirements. The results of the research can be used to improve corporate governance practices, shape corporate integration policies, develop legal recommendations, and support further academic studies in the field of economic integration and business law.

Keywords
corporate integration, economic and legal support, genesis of integration processes, corporate governance, antitrust regulation, institutional theories, capital consolidation, legal mechanisms, market transformation, integration strategy.

Referensces

  1. Gehl, K. M., & Porter, M. E. (2020). The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy. Boston: Harvard Business Review Press. https://www.hbs.edu/faculty/Pages/profile.aspx?facId=6532&view=publications
  2. Williamson, O. E. (2009). Facts. org. https://www.nobelprize.org/ prizes/economic-sciences/2009/williamson/facts/
  3. Shchoka, S. V. (2024). Legal regulation of the status of shareholders in corporate governance of Ukraine: Analysis of key aspects and challenges. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia: Pravo, 1(81), 322-326. https://doi.org/10.24144/2307-3322.2024.81.1.51 [in Ukrainian].
  4. Shtefan, A. (n.d.). Implementation of international standards into civil and commercial justice of Ukraine. https://repository.ndippp.gov.ua/handle/765432198/1002 [in Ukrainian].
  5. Lukianenko, D. H. (Ed.). (2001). Economic development strategies in the context of globalization [monograph]. Kyiv National Economic University named after Vadym Hetman. https://fingal.com.ua/content/view/223/39/1/0/ [In Ukrainian].
  6. Onyshko, S. V., & Onyshko, S. V. (2016). Financial market in the system of sources of financial support for innovation-oriented development of Ukraine. Naukovyi visnyk Polissia, 2, 122-126. https://nvp.stu.cn.ua/article/view/77424/73142 [in Ukrainian].
  7. Verkhovna Rada of Ukraine (2025, January 09). On the peculiarities of regulating the activities of legal entities of certain organizational and legal forms during the transitional period and associations of legal entities: Law of Ukraine No. 4196-IX. https://zakon.rada.gov.ua/laws/ show/4196-IX#Text [in Ukrainian].
  8. Tkachuk, N. M., & Kudelsky, V. E. (2020). Corporatization as a prerequisite for the formation and development of the integration economy. International Journal of Innovative Technologies in Economy, 5(32). https://doi.org/10.31435/rsglobal_ijite/ 30122020/7332 [in Ukrainian].
  9. Eckert, , Koppe, M., Burkatzki, E., Eichentopf, S., & Scharf, C. (2022). Economies of Scale: The Rationale Behind the Multinationality‑Performance Enigma. Management International Review, 62, 681–710. https://doi.org/10.1007/s11575-022-00473-2
  10. Verkhovna Rada of Ukraine (2003, January 16). Civil Code of Ukraine: Law of Ukraine No. 435-IV. https://zakon.rada.gov.ua/laws/show/435-15#Text [in Ukrainian].
  11. Verkhovna Rada of Ukraine (2023, July 27). On joint-stock companies: Law of Ukraine No. 2465-IX. https://zakon.rada.gov.ua/laws/show/2465-20#Text [in Ukrainian].
  12. Lin, Z. (2023). Sequence of stages of implementation of corporate integration processes. International Science Journal of Management, Economics & Finance, 2(5), 63–79. https://doi.org/10.46299/j.isjmef.20230205.05
  13. Feldman, E., & Hernandez, E. (2022). Synergy in Mergers and Acquisitions: Typology, Life Cycles, and Value. Academy of Management Review, 7(4). https://doi.org/10.5465/amr.2018.0345
  14. Bresnahan, T. F., & Levin, J. D. (2012, March.). Vertical Integration and Market Structure. Working Paper 17889. National bureau of economic research. https://www.nber.org/system/files/working_papers/w17889/w17889.pdf
  15. Neubauer, F. Steger, U., & Rädler G. (2000). The Daimler/Chrysler Merger: The Involvement of the Boards. Corporate Governance: An International Review, 8(4), 375-387. https://doi.org/10.1111/1467-8683.00216
  16. Directive 2005/56/EC of the European Parliament and of the Council of 26 October 2005 on cross-border mergers of limited liability companies. https://eur-lex.europa.eu/legal-content/BG/TXT/PDF/?Uri=CELEX:02005L0056-20140702 [in Bulgarian].
  17. European Commission (2019, February 6). Mergers: Commission prohibits Siemens proposed acquisition of Alstom [Press Release]. https://ec.europa.eu/commission/presscorner/detail/en/ip_19_881
  18. Hutsaliuk, O. M, Hryhir, S. I., & Salo, S. O. (2024). Strategies for the development of risk-oriented management of financial and economic security of integration enterprises. Bulletin of East European University of Economics and Management, 2(32), 301-317. https://doi.org/10.58253/2078-1628-2024-2(32)-023 [in Ukrainian].
  19. Hutsaliuk, O. M., Bondar Iu. A., & Bugayeva, M. V. (2024, November 26-27). Actualization of the processes of digitalization of the service economy. Marketing and organizational mechanisms of the post-war development of the hospitality and tourism industry of Ukraine [collection of abstracts of the II International Scientific and Practical Conference] (pp. 205-208). Kharkiv: National Technical University “Kharkiv Polytechnic Institute” [in Ukrainian].
  20. Hutsaliuk,O., Bondar Iu. A., & Bugayeva, M. V. (2025). Management of financial and investment activities of hotel and tourist complexes. Marketing and organizational mechanisms of the post-war development of the hospitality and tourism industry of Ukraine [collective monograph]. Kharkiv: NTU “KhPI” [in Ukrainian].
  21. Hutsaliuk,O. M., Bondar Iu. A., & Zaichenko V. V. (2025). Organizational imperatives of forming economic security of corporate-integrated enterprises and associations in the hospitality industry. In Strategy for the restoration of deoccupied territories of Ukraine: challenges of post-conflict development and ways to overcome them [collective monograph]. Ivano-Frankivsk: KhDU. https://zenodo.org/records/15189585 [in Ukrainian].
  22. Hutsaliuk O. M. (2025). Social responsibility of corporate companies in the system of cross-border entrepreneurial relations. In Profound structural transformations of socio-economic and ecological systems based on resilience, sustainable and inclusive development [scientific monograph]. Plovdiv: HSSE Publishing Complex. https://doi.org/10.5281/zenodo.15710011 [in Ukrainian].
  23. Bondar, Iu. A., & Gasimov, F. (2023, March 22-23). Management of corporate culture development in the enterprise. In Current problems of modern business: accounting, financial and managerial aspects [materials of the V International Scientific and Practical Internet Conference] (pp. 140-143). Part 1. Lviv: LNUP [in Ukrainian].
  24. Bondar, Iu. A., & Pisareva, O. V. (2023). Mechanism of introducing modern technologies into enterprise management. Scientific Bulletin of the Flight Academy. Series: Economics, Management and Law [Collection of Scientific Papers], 8, 22-29. https://doi.org/10.33251/2707-8620-2023-8-22-28 [in Ukrainian].

Full Text .pdf

Received: 16.10.2025
Accepted: 11.11.2025
Published: 29.12.2025