КОНЦЕПТУАЛЬНА БАГАТОРІВНЕВА ТРАНСМІСІЙНА МОДЕЛЬ, ЩО ПОЄДНУЄ УПРАВЛІННЯ ПІДПРИЄМСТВОМ З ЕКОНОМІЧНОЮ ЕФЕКТИВНІСТЮ ТА МАКРОЕКОНОМІЧНОЮ СТАБІЛЬНІСТЮ

This study develops a multilevel management-driven conceptual framework exp­laining the hierarchical transmission of enterprise-level managerial capabilities into economic efficiency and macroeconomic stability. The research aims to systematize contemporary manage­ment approaches influencing firm performance and to substantiate a cumulative transmission model linking managerial systems, firm-level outcomes, sectoral dynamics, and macroeconomic indicators. The paper integrates strategic management, performance measurement systems, digi­tal transformation, human capital development, and operational optimization into a coherent analytical architecture. A hierarchical cumulative transmission model is proposed, conceptualizing four interconnected levels: 1) managerial capabilities at the enterprise level; 2) measurable firm-level economic outcomes, including productivity and capital efficiency; 3) sectoral aggregation effects; and 4) macroeconomic stability reflected in GDP growth, wage dynamics, and employ­ment structures. The model emphasizes cumulative, lagged, conditional, and institutionally moderated effects, highlighting the non-linear nature of efficiency propagation across economic levels. Contextual analysis of official statistical data for Azerbaijan (2020–2025) indicates that wage growth, sectoral modernization, and productivity improvements can be interpreted as aggregated outcomes of enterprise-level managerial modernization and digital transformation. The findings confirm that sustainable macroeconomic stability depends not only on capital accumulation but also on the quality of strategic alignment, performance measurement, digital integration, and human capital management within firms. The proposed framework contributes to management and economic theory by formalizing the micro–macro linkage and offers practical implications for enterprises and policymakers aiming to strengthen long-term economic resilience and competitiveness.