Partnership in Corporate Relations System

The paper considers social partnership within the framework of the dialectical law of the unity of the struggle of opposites, according to which labor and capital are interconnected and represent a single entity in the capitalist economic system. It is argued that the interaction of social subjects to achieve their own overlapping interests is inherent not only in partnership relations, but also in corporate relations. Social partnership is most directly related to the corporate form of labor organization, where the need for harmonization of interests is most clearly manifested. An important condition for the effective development of a corporation is corporate relations that arise between shareholders and managers hat influence their activities. The subjects of corporate relations interact with regard to the implementation of economic interests and are united by joint corporate participation. Attention is paid to the new paradigm of social partnership development, which allows considering it not just as a way or technology to solve problems of social and labor relations in organizations, but as a social institution that ensures the development of the entire system of social and labor relations through cooperation and the search for mutually acceptable solutions. Based on the research, the author concludes that it is partnership that creates a balance of opposing interests through negotiations and reaching a compromise. The partnership, therefore, contributes to the formation of corporate relations that lead ultimately to the economic growth of the corporation.

social partnership, social partnership institute, institutionalization, trade unions, employees, employers, state, capital, labor, intersecting interests, monopoly capitalism, small business

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