IMPLEMENTATION MECHANISMS OF THE OPTIMAL STRATEGY TO USE JOINT-STOCK COMPANIES’ INCOMES WITH THE STATE SHARE IN UKRAINE

The subject of research is to develop a mechanism for implementing of the optimal strategy to use joint-stock companies' incomes with the state share in Ukraine. The purpose of research is to analyze the activity of joint-stock companies; to develop recommendations for the improvement of the implementation mechanism of the optimal strategy to use joint-stock companies' incomes with the state share in Ukraine; to study the features to use joint-stock companies' incomes with the state share in Ukraine, the theoretical principles of proper management organization by profit that allow all participants of corporate relations companies track compliance of their interests. It is necessary to ascertain the possibility of keeping or selling small blocks of shares which are owned of the state to increase joint stock companies' incomes with the state share in Ukraine. The results of work are to develop scientific-substantiated recommendations, methods and conclusions, which directed on the development, improvement and increase of joint-stock companies' income with the state share in Ukraine. Practical Implications: the organization and carrying out of the research on joint-stock companies are directed on the development, improvement and increase of joint-stock companies' income with the state share in Ukraine Conclusions: The features of the control of profits in joint-stock companies are considered, the main types and subjects of corporate control are studied. The basic directions of the state policy of joint-stock companies with the state share are formulated. The basic instruments of hidden redistribution control in joint-stock companies (decision-making to equity issue) are analysed. The scheme of decision to equity issue has improved by selling small blocks of shares. Expediency sale of shares less than 25% in the event of absence of further keeping in state ownership are substantiated. The new mechanism for implementing of the optimal strategy to use joint-stock companies' incomes with state share in Ukraine is offered. In the study are proposed: the basic ways of controlling of state authorities over the managers' activities of joint-stock companies; control the efficiency and suitability of state participation in the statutory capital of the joint-stock companies; control the sale of state block of shares through analysis and evaluation of the process.