Corporate sector: trends in Ukraine.
DOI:
https://doi.org/10.31558/2307-2318.2018.4.16Keywords:
corporate sector, economy of Ukraine, competitiveness of enterprises, privatization, corporatization, innovations, joint-stock companies, stock marketAbstract
The paper considers the development of the corporate sector of Ukraine and the peculiarities of its state regulation, analyzes the macroeconomic indicators characterizing the development of enterprises of the corporate sector in Ukraine, defines the basic vectors of the development of the corporate sector of Ukraine.
The purpose of the article is to identify the factors that determine the peculiarities of the development of the corporate sector in Ukraine.
It is proved that the existing statistical reporting system does not reflect the activity of the corporate sector of Ukraine regarding the concentration of capital of medium-sized enterprises and the allocation of their corporate components, but there is a tendency to increase efficiency with a decrease in the size of the enterprise. During the analyzed period there was a decrease in the efficiency of the corporate sector in Ukraine, which influenced the general macroeconomic indicators of the country's development.
Among the factors determining the peculiarities of the development of the corporate sector in Ukraine are the following: low economic efficiency of state enterprises, connected with the closure of this sphere of the economy, lack of coordination of state administration bodies, corruption in the sphere of public procurement and artificial bankruptcy of enterprises; the methods of privatization of state-owned enterprises do not contribute to their further development; the presence of internal barriers in the work of enterprises of the corporate sector, organizational and legal nature; the activity of enterprises has the character of raw monopolies.
It was determined that one of the directions of development of the corporate sector in Ukraine is to bring national legislation to the world (European) standards for the protection of enterprises and shareholder rights; requires an effective strategy for the development of the stock market, aimed at attracting joint stock companies to the initial placement of shares on domestic and foreign joint stock companies, observance of the rights of minority shareholders.
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