Study of the Nature and Dynamics of Processes in Terms of Fractals on the Example of Selected Joint Stock Companies

Wiktor Kolwzan, Agnieszka Skowronek-Gradziel, Teresa Kupczyk and Jozef Ledzianowski

European Research Studies Journal, 2024, vol. XXVII, issue 3, 375-402

Abstract: Purpose: The main purpose of the article is to highlight the role and impact on modern management of natural processes of knowledge about their nature. Design/Methodology/Approach: The authors accepted the thesis that complex processes which contemporary management encounters should be solved with the use of complex formal tools. Practical Implications: Thanks to the new and formal paradigms of modern science we are able to penetrate deeper into the nature of the real processes (economic, social, banking and even into the nature of the stock exchange - which was studied) and their complexity (structure). Originality/value: The originality of the content of the article lies in the combination of theoretical concepts related to the research on the fractal nature of some reality processes with empirical research.

Keywords: Fractals; generative nature of fractals; diversity of processes; decision making; management. (search for similar items in EconPapers)
JEL-codes: M11 M12 M21 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxvii:y:2024:i:3:p:375-402

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