Issue ? 34. October 2012

Capital Concentration in Partially State-owned Companies and Improving Their Efficiency

Graduate student, School of Public Administration, Lomonosov Moscow State University.
Е-mail: esgordeeva@gmail.com

The article is devoted to the processes of capital concentration in state-owned companies and its connection with efficiency of their performance. State-owned companies are a specific type of legal persons that should be regarded separately from state corporations and statutory companies. Production concentration and capital concentration in state-owned companies are interconnected and create a prerequisite for agglomeration of these economic actors and consequently for changes in the structure of the market and those economic sectors where these companies exist. In contemporary society the state-owned joint stock companies and public companies are often the most efficient part of the public sector in the national economy. In this respect it should be noted that ownership by the state is not a prerequisite of performance inefficiency. In this article the author analyses key factors of performance improvement for state-owned companies.

Keywords

Capital concentration, production concentration, state-owned companies, performance efficiency.