Issue ? 28. September 2011

Institutional Peculiarities of Government-owned Shareholdings Management

Graduate student, School of Public Administration, Lomonosov Moscow State University.
E-mail: k.astrakhantsev@list.ru

The article analyzes the most significant features of government-owned shareholdings management. The author focuses on the institute of public representatives in government-owned companies and its drawbacks. The author also he provides information on alternative institutes of management of government-owned shareholdings (including indirect control of government-owned companies through the institute of public corporations).  Multilevel character of goals of management of government-owned shareholdings is also emphasized in the article. The author concludes that the increase of efficiency of public stock capital’s reproduction and public benefits by using public stock capital is closely linked with an appropriate reflection of institutional peculiarities of government-owned shareholdings management in the activity of public bodies.

Keywords

Goals of management of government-owned companies, institute of public representatives in government-owned companies, size of public stock capital shareholding, indirect control of government-owned companies through the institute of public corporations.