Subject The study addresses the issue of specifying the definitions of institutional managementof the enterprise, institutional environment of crisis management of the enterprise, and institutional crisis management of the enterprise, and their interaction. Objectives Theaim is to summarizeand review the opinions of scientists studying the said concepts, to clarify the institutional management concept, to formulate the institutional environment of crisis management of an enterprise concept, and to summarize scholarly opinions and develop the concept of institutional crisis management of the enterprise. Methods In the study, I employed the abstract-logical method. Results The scientific novelty of the specified concepts is in the recognition of priority of institutional governance within crisis management of the enterprise, of diagnostics of the institutional environment of crisis management as one of important stages of the crisis management process, and of the opportunity to improve the institutional environment within anti-crisis procedures. Furthermore, the specified concepts will help recognize the unity of purposes of institutional and crisis management, the interaction of internal and external institutional factors as one of important objects of institutional crisis management, and the need to consider the influence of political factors, psychology of counterparts and employees on institutional crisis management. Conclusions The revised definitions will enable to involve earlier disregarded internal and external institutional factors, and to enhance the efficiency of crisis management decisions. Under efficient institutional crisis management, any crisis, whether internal or external, may become a factor of enterprise development and trigger progressive institutional changes.
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