The forms of incorporation of the state enterprise and the state joint-stock company: comparative analysisJournal: LAW AND INNOVATIVE SOCIETY (Vol.2, No. 1)
Publication Date: 2013-01-08
Authors : Kibenko О.R.;
Page : 120-134
Keywords : state commercial enterprise; joint-stock company; state unitary commercial enterprise.;
This article is devoted to the defining of the differences between such forms of incorporation as state commercial enterprise and joint-stock company with 100 % state participation in the statutory capital. Their foundation procedure, property regime, liability under commitment, formation of authorised capital, limitations and particular qualities of economic activity, governing bodies are examined. Questions on preparation of financial plan, dividend disbursement to the stateowned enterprises operating competitively and government corporations are interrogated. The author paid attention to the complexity of the system of the corporate governance in the government corporation. It is also made a conclusion on the legislation connected to the necessity of such form of incorporation as state unitary commercial enterprise which is not a unique form directed to the defense of state property and does not satisfy the demands of the existing in the present market turnover.
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