Modeling information transparency of economic entities under uncertainty

DOI

10.2991/mdsmes-19.2019.38How to use a DOI?

Keywords

Information transparency, cognitive modeling, digraph, factors, relations, strategic management

Abstract

Topicality of modeling information transparency is determined by the influence it has on the effectiveness of management decisions made by an economic entity in the context of uncertainty and information asymmetry. It has been found that information transparency is a poorly structured category which acts as a qualitative characteristic of information and at certain levels forms an additional spectrum of properties of the information that has been adequately perceived or processed. As a result of structuring knowledge about the factor environment, a cognitive model of information transparency was constructed in the form of a weighted digraph. Structural analysis of the cognitive model made it possible to evaluate the classes of factors, identify their limited relations, establish the centrality of the roles of information transparency and information and communication security in the system built and evaluate their importance when modeling the situation self-development. Information visibility has been found to have the strongest impact on the system. Taking into account different initial weights of the key factors — information transparency and information and communication security — the study substantiates the strategic ways for economic entities to achieve their goals in the context of uncertainty and information asymmetry, which allows us to use this approach as a tool for strategic management in the information environment.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hanna Kucherova
AU  - Anastasiia Didenko
AU  - Olena Kravets
PY  - 2019/10
DA  - 2019/10
TI  - Modeling information transparency of economic entities under uncertainty
BT  - Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
PB  - Atlantis Press
SP  - 201
EP  - 205
SN  - 2352-5428
UR  - https://doi.org/10.2991/mdsmes-19.2019.38
DO  - 10.2991/mdsmes-19.2019.38
ID  - Kucherova2019/10
ER  -