THEORETICAL AND CONCEPTUAL FOUNDATIONS FOR THE FORMATION OF A BEHAVIORAL AUDIT SYSTEM IN CORPORATE MANAGEMENT

Abstract

This paper examines the theoretical and methodological foundations of the behavioral audit concept within the corporate management system and explores conceptual approaches to its integration into corporate governance practices. The study reveals the significance of evaluating behavioral aspects of managerial decision-making, corporate culture, ethical standards, stakeholder relations, and human factors in enhancing corporate management effectiveness. The interrelationship between behavioral audit and major theoretical perspectives, including Agency Theory, Stakeholder Theory, Institutional Theory, Behavioral Economics, and Stewardship Theory, is scientifically substantiated. Furthermore, a conceptual model consisting of six interrelated components is proposed: Strategic Management, Risk Management, Internal Control, Corporate Culture, ESG Governance, and Investor Relations. The findings demonstrate that the implementation of a behavioral audit system serves as an effective mechanism for reducing corporate risks, enhancing transparency, preventing conflicts of interest, and improving overall corporate management effectiveness. The study contributes to the development of a new institutional and behavioral paradigm in corporate management and provides a practical framework for sustainable corporate governance.