Improvement of corporate governance in joint-stock companies with the state share in Ukraine Cover Image

Удосконалення корпоративного управління на акціонерних товариствах з державною часткою в Україні
Improvement of corporate governance in joint-stock companies with the state share in Ukraine

Author(s): Olena Gorbatenko
Subject(s): National Economy, Business Economy / Management, Public Administration, Management and complex organizations
Published by: Переяслав-Хмельницький державний педагогічний університет імені Григорія Сковороди
Keywords: joint-stock company; corporative control; the state share of ownership; equity issue; sale of shares; a block of shares

Summary/Abstract: The subject of research is to develop recommendations for improving the corporative management o of jointstockcompanies with the state share in Ukraine.The purpose of research is to analyze the joint-stock companies, to develop recommendations for improvingof the corporative management of joint-stock companies with the state share in Ukraine and to study thecorporative management features of such companies; the theoretical principles of management organizationthat allow all co-partners of corporate relations track the suitability of companies to their interests. It is necessaryto ascertain the possibility of keeping or selling small blocks of shares, which are owned by the state.The results of work are to develop scientific-substantiated recommendations, methods and conclusions, whichdirected on improving the corporative management of joint-stock companies with the state share in Ukraine.Practical Implications: organization and carrying out of the research on joint-stock companies that directedon improving the corporative management of joint-stock companies with the state share in Ukraine.Conclusions: The control features of joint-stock companies have considered, basic types and subjects ofcorporative control have investigated. The basic directions of the state policy of joint-stock companies with thestate share have formulated. The basic instruments of hidden redistribution control in joint-stock companies(decision-making to equity issue) have analysed. The scheme of decision to equity issue has improved byselling small blocks of shares. Expediency sale of shares less than 25% in the event of absence of furtherkeeping in state ownership have grounded. The basic ways of controlling state authorities over the managementof the state corporate rights are proposed, which include: process control of joint-stock companies with the stateshare; control the activities of managers of such companies through expert of the main activities; control theefficiency and suitability of state participation in the statutory capital of the joint-stock companies; control thesale of state block of shares through analysis and evaluation of the process.

  • Issue Year: 1/2016
  • Issue No: 28
  • Page Range: 40-48
  • Page Count: 9
  • Language: Ukrainian