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Knowledge in economic terms: significance of information in a mod-ern company

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  • Beata Sadowska

    (University of Szczecin)

Abstract

Motivation: Knowledge is a collection of reliable information on the reality with the ability to use it. Information on the other hand is a set of communication messages, including beliefs of individuals, their views and ideas, scientific laws and theories as well as art and subjective opin-ions. Information has always constituted a material and form of experienc-ing humanity. It is necessary for making decisions. Aim: The purpose of the article is to: (1) define key terms included in the study, (2) present the role of information in a modern company on the example of municipal man-agement entities in correlation with information needs of stakeholders from this sector. Results: Defining the stakeholders of municipal management entities and information policy of these entities as well as indicating key tools of this policy. Presenting the findings of the research on information needs of municipal sector stakeholders in the light of making decisions by society.

Suggested Citation

  • Beata Sadowska, 2019. "Knowledge in economic terms: significance of information in a mod-ern company," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(4), pages 487-498, December.
    • Handle: RePEc:cpn:umkeip:v:18:y:2019:i:4:p:487-498
    DOI: 10.12775/EiP.2019.032
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    References listed on IDEAS

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    1. Parker, Lee D., 2014. "Corporate social accountability through action: Contemporary insights from British industrial pioneers," Accounting, Organizations and Society, Elsevier, vol. 39(8), pages 632-659.
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    More about this item

    Keywords

    knowledge; information; municipal sector;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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